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MegadealsSubsidy Tracker Individual Entry
Company: Exel, Inc.
Parent Company:
Deutsche Post
Subsidy Source: local
Location: Texas
City: Laredo
Year: 2011
Major Industry of Parent: freight and logistics
Specific Industry of Parent: package delivery
Subsidy Value: $250,000
Program Name: Laredo: Chapter 380 Agreement
Awarding Agency: City of Laredo
Type of Subsidy: grant
Number of Jobs or Training Slots: 129
Wage Data: 11.33
Wage Data Type: hourly
Capital Investment: $10,000,000
Source of Data: Direct from agency; not on web
Notes: Subsidy value is grant dependent on the fulfillment of jobs and capital investment promised (grant will decrease in amount if these goals are not met). Jobs figure is 100 created and 29 retained full-time jobs. Wage figure is average wage of at least that amount. Capital investment is minimum total expenditure in total real and business personal property.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.