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.