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MegadealsSubsidy Tracker Individual Entry
Company: National Instruments Corporation
Parent Company:
Emerson Electric
Subsidy Source: local
Location: Texas
City: Austin
Address: 11500 North Mopac Expressway
Project Description: Research and Development Facility
Year: 2013
Major Industry of Parent: industrial equipment
Specific Industry of Parent: industrial equipment
Subsidy Value: $1,667,575
Program Name: Austin Chapter 380 Agreements
Awarding Agency: Austin City Manager
Type of Subsidy: grant
Number of Jobs or Training Slots: 1,000
Wage Data: $64840
Wage Data Type: average annual compensation in first year
Capital Investment: $80,000,000
Source of Data:
(click here)
Notes: Subsidy consists of grants equal to 50 percent of the company's property tax payments over ten years; the total value is estimated in the development agreement. Jobs figure is number of new positions the company must create by the end of the agreement.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.