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MegadealsSubsidy Tracker Individual Entry
Company: Nebraska Furniture Mart (owned by Berkshire Hathaway)
Parent Company:
Berkshire Hathaway
Subsidy Source: local
Location: Texas
City: the Colony
County: Denton
Project Description: furniture megastore and surrounding development
Year: 2011
Major Industry of Parent: diversified
Specific Industry of Parent: diversified
Subsidy Value: $802,000,000
Subsidy Value in 2023 Dollars: $1,091,935,152
Program Name: tax increment financing
Awarding Agency: multiple
Type of Subsidy:
MEGADEAL
Capital Investment: $1,500,000,000
Source of Data: The subsidy value and investment projection came from: Matthew Watkins, "A big price tag," Dallas Morning News, March 3, 2013.
Notes: The project received both tax increment financing from the county and assistance via the city's creation of a tax-increment reinvestment zone. Overlaps with main Subsidy Tracker data: none.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.