Subsidy Tracker Individual Entry

Company: 
Samsung
Parent Company: 
Samsung
Subsidy Source: 
multiple
Location: 
Texas
City: 
Austin
County: 
Travis
Address: 
12100 Samsung Plant
Zip: 
78754
Project Description: 

computer chip plant

Year: 
2006
Major Industry of Parent: 
diversified
Specific Industry of Parent: 
diversified
Subsidy Value: 
$233,400,000
Program Name: 
multiple
Awarding Agency: 
multiple
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
900
Capital Investment: 
$3,500,000,000
Source of Data: 

The subsidy figures and jobs and investment projections were reported in: Kirk Ladendorf, "Samsung says 'yes' to Austin plant," Austin American-Statesman, April 14, 2006.

Notes: 

The package included: a $10.8 million grant from the state's Texas Enterprise Fund; $115 million in property tax abatements from the Manor school district; $62.9 million in abatements from the city of Austin; and $44.7 million in abatements from Travis County. The Texas Enterprise Fund grant is included separately in the main Subsidy Tracker data under that program name.

Source Notes: 
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