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MegadealsSubsidy Tracker Individual Entry
Company: Ford Motor Company
Parent Company:
Ford Motor
Subsidy Source: federal
State in Which Facility Is Located: Michigan
City: Wayne
Project Description: Ford transformed its Michigan Assembly Plant (MAP) in Wayne, Mich., from a factory that produced full-sized trucks and SUVs to the world's first and most flexible manufacturing facility for multiple electrified vehicles. MAP is now producing plug-in hybrids, hybrids, EcoBoost, and full battery electrics for the global marketplace -- all from the same assembly line. The $30 million 48C Advanced Energy Manufacturing Tax Credit will help Ford remain an industry leader in fuel economy and enable its substantial investment in electrified vehicles, which is critical to improving U.S. energy security, reducing greenhouse gases and supporting American auto jobs.
Year: 2013
Major Industry of Parent: motor vehicles
Specific Industry of Parent: motor vehicles
Subsidy Value: $30,000,000
Program Name: Advanced Energy Manufacturing Tax Credit (48C Program)
Awarding Agency: Department of Energy
Type of Subsidy: federal allocated tax credit
Source of Data: Attachment to December 12, 2013 Energy Department press release:
(click here)
Notes: Year is year credit approval was announced.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.