Subsidy Tracker Individual Entry

Company: 
HID Global
Parent Company: 
Assa Abloy
Subsidy Source: 
local
Location: 
Texas
County: 
Travis
Year: 
2012
Major Industry of Parent: 
miscellaneous manufacturing
Specific Industry of Parent: 
locks
Subsidy Value: 
undisclosed
Program Name: 
Travis County: Property Tax Abatement
Awarding Agency: 
Travis County Planning and Budget Office
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
276
Wage Data: 
$53,164
Wage Data Type: 
salary
Capital Investment: 
$36,000,000
Notes: 

Subsidy value is 40% on ad valorem taxes paid on construction, additional 5% for LEED certification and yet another 5% if 50% of new jobs are filled with Travis County residents; no value given. Year is year credit approved. Jobs figure is full time equivalent jobs required by 12/31/2015. Wage figure is salary requirement by 2014-2022. Capital investment is 30,000,000 required by 6/30/2014 and an additional 6,000,000 by 12/31/2017.

Source Notes: 
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