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MegadealsSubsidy Tracker Individual Entry
Company: GE Transportation (PHI)
Parent Company:
Westinghouse Air Brake Technologies (Wabtec)
Subsidy Source: local
Location: Texas
City: Fort Worth
Project Description: Expansion of existing distribution center to a manufacturing facility
Year: 2011
Major Industry of Parent: industrial equipment
Specific Industry of Parent: industrial equipment
Subsidy Value: undisclosed
Program Name: Fort Worth property tax abatements
Awarding Agency: Fort Worth Housing & Economic Development Department
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 400
Capital Investment: $60,000,000
Source of Data:
(click here)
Notes: Year is year abatement was approved. Subsidy value is not available. Jobs figure is number of positions to be reached by December 31, 2012. Investment figure is minimum company was required to invest. Ten-year abatement covering real and personal property up to a maximum of 85 percent.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.