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MegadealsSubsidy Tracker Individual Entry
Company: The LEGO Group
Parent Company:
Subsidy Source: multiple
Location: Virginia
County: Chesterfield
Project Description: Precision plastics manufacturing facility
Year: 2022
Subsidy Value: $75,000,000
Program Name: multiple
Awarding Agency: multiple
Type of Subsidy:
MEGADEAL (Archived)
Number of Jobs or Training Slots: 1,760
Capital Investment: $1,000,000,000
Source of Data: Press release from the Governor of Virginia: "Governor Glenn Youngkin Announces the LEGO Group to Establish U.S. Manufacturing Plant in Virginia, Creating Over 1,760 New Jobs," June 15, 2022:
(click here). Chesterfield County Board of Supervisors, Agenda Item 14.C, June 29, 2022:
(click here). Sarah King, June 22, 2022, "Brick by brick: Lego locks in $1B project, 1,760 jobs at Meadowville," Chesterfield Observer,
(click here).
Notes: LEGO will build a new 1.7 million sq. ft. precision manufacturing facility in Chesterfield County's Meadowville Technology Park. The company is eligible to receive $56 million through a performance-based grant awarded by Virginia's Major Employment and Investment Project Approval Commission conditional on its meeting investment and job creation requirements. The Chesterfield County Board of Supervisors also approved a 20-year grant agreement (value unknown) with LEGO equal to 1) 50% of the incremental increase in real estate taxes on the site for the first 15 years, falling to 25% for the last 5 years; 2) 100% of its machinery and tools taxes; and 3) 100% of taxes paid on its solar facilities. In addition to this direct support, the state General Assembly has appropriated $19 million for site preparation at the Meadowville Technology Park and LEGO will utilize the Virginia Talent Accelerator Program to develop customized recruitment and training services at no cost to the company. Jobs and investment are requirements for MEI grant. Overlaps with main data: none.
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