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Subsidy Tracker Individual Entry

Company: Kohl's
Parent Company: Kohl's
Subsidy Source: multiple
Location: Wisconsin
City: Menomonee Falls
Project Description: corporate headquarters
Year: 2012
Major Industry of Parent: retailing
Specific Industry of Parent: retail-department stores
Subsidy Value: $87,500,000
Program Name: Enterprise Zone
Awarding Agency: Wisconsin Economic Development Corporation
Type of Subsidy: 
Capital Investment: $250,000,000
Source of Data: Details on the package was taken from: "Kohl's Keeps Headquarters in Wisconsin," a press release issue by the Wisconsin Economic Development Corporation, July 19, 2012. Online at:(click here) Also see: Tom Daykin, "Kohl's Road Work Spending OKd," Milwaukee Journal Sentinel, July 22, 2012.
Notes: Wisconsin Economic Development Corporation created an Enterprise Zone around Kohl's headquarters. Kohl's was initially made eligible for up to $47.5 million in tax credits for creating 3,000 new jobs, retaining 4,500 jobs and investing $250 million. The company was offered up to $15 million in additional credits if it created additional positions. Kohl's will receive the full amount over 12 years depending on the number of new full-time employees. Menomonee Falls agreed to provide $13 million in road improvements and up to $12 million from the incremental tax revenue produced by the Kohl?s development. Overlap with main Subsidy Tracker data: $62.5 million Enterprise Zone entry.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.