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MegadealsSubsidy Tracker Individual Entry
Company: DRS Power & Control Technologies, Inc.
Parent Company:
Leonardo S.p.A.
Subsidy Source: state
Location: Wisconsin
City: Milwaukee
County: Milwaukee
Address: 4265 North 30th Street
Project Description: TID 62
Year: 2006
Major Industry of Parent: aerospace and military contracting
Specific Industry of Parent: aerospace & military contracting
Subsidy Value: $1,500,000
Program Name: Milwaukee Tax Incremental Financing
Awarding Agency: City of Milwaukee Department of City Development
Type of Subsidy: tax increment financing
Number of Jobs or Training Slots: 326
Source of Data:
(click here)
Notes: Project description is TID number. Job figure is the actual number of employees at the location as of end of 2012. The subsidy is in a form of forgivable loan if the company maintains 450 jobs by 2018. DRS has made a partial payment on the forgivable loan.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.