Subsidy Tracker Individual Entry

Company: 
Apple Inc.
Parent Company: 
Apple Inc.
Subsidy Source: 
local
Location: 
Texas
City: 
Austin
Project Description: 

Americas Operation Center

Year: 
2012
Major Industry of Parent: 
electrical and electronic equipment
Specific Industry of Parent: 
computers
Subsidy Value: 
undisclosed
Program Name: 
Austin Chapter 380 Agreements
Awarding Agency: 
Austin City Manager
Type of Subsidy: 
grant
Number of Jobs or Training Slots: 
3,635
Wage Data: 
$54000
Wage Data Type: 
average annual compensation in first year
Capital Investment: 
$282,500,000
Notes: 

Subsidy consists of grants equal to the company's property tax payments over ten years; value is not available. Jobs figure is number of new positions the company must create by the end of the agreement. The company also has to retained 3,100 existing jobs.

Source Notes: 
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