Reference Materials


Largest Subsidy Deals

The following table is drawn from the annual lists of Top Deals published by Site Selection magazine in its May issues from 1999 through 2005. Only those listings with estimates of total subsidies are included. Non-U.S. listings are excluded. The full text of the Top Deals articles can be found in the Site Selection online archive at www.siteselection.com.

COMPANY

INDUSTRY

CITY

STATE

YEAR

AMOUNT

Boeing

aerospace

Everett

WA

2003

$3,200,000,000

IBM

electronics

East Fishkill

NY

2000

$503,750,000

Toyota

motor vehicles

San Antonio

TX

2003

$400,000,000

Scripps Research Institute

biotechnology

Palm Beach County

FL

2003

$310,000,000

Nissan

motor vehicles

Canton

MS

2000

$295,000,000

Hyundai

motor vehicles

Montgomery

AL

2002

$252,000,000

Dell

computers

Winston-Salem

NC

2004

$242,000,000

Eli Lilly

pharmaceuticals

Indianapolis

IN

1999

$214,000,000

International Sematech

electronics

Albany

NY

2002

$210,000,000

General Motors

motor vehicles

Lansing

MI

2000

$194,800,000

Dell

computers

Nashville

TN

1999

$166,000,000

Alenia/Vought

aerospace

Charleston

SC

2004

$160,000,000

Honda

motor vehicles

Lincoln

AL

1999

$158,000,000

7 semiconductor firms

electronics

Fishkill & Albany

NY

2004

$150,000,000

Texas Instruments

electronics

Richardson

TX

2003

$135,000,000

Auto Alliance International*

motor vehicles

Flat Rock

MI

2002

$133,000,000

Ford Motor

motor vehicles

Wayne

MI

2003

$106,800,000

Honda (expansion)

motor vehicles

Lincoln

AL

2002

$89,700,000

Pfizer

pharmaceuticals

Ann Arbor

MI

2001

$84,200,000

BMW

motor vehicles

Greer

SC

2002

$80,000,000

Nissan (expansion)

motor vehicles

Canton

MS

2002

$68,000,000

Volvo

motor vehicles

Dublin

VA

1999

$60,000,000

Vanguard Group

financial services

Malvern

PA

2000

$55,500,000

Pfizer

pharmaceuticals

New York

NY

2003

$46,700,000

Wells Fargo

financial services

Des Moines

IA

2003

$45,000,000

Capital One

financial services

Richmond

VA

2000

$35,000,000

UPS

package delivery

Louisville

KY

1998

$35,000,000

Toyota

motor vehicles

Huntsville

AL

2001

$29,895,000

Philip Morris USA

tobacco

Richmond

VA

2003

$28,000,000

Citicorp Credit Services

financial services

Florence

KY

2001

$26,700,000

Countrywide Financial

financial services

Richardson

TX

2004

$21,000,000

Cisco Systems

electronics

San Jose

CA

1998

$20,000,000

Gap

retailing

Fishkill

NY

1998

$20,000,000

Ford Motor

motor vehicles

Norfolk

VA

2001

$12,000,000

USAA Insurance

financial services

Phoenix

AZ

2000

$10,500,000

* Joint venture of Ford Motor and Mazda Motor