ANNOUNCED AS TEMPORARYNo
Tax or social insurance relief
In 2014 the New Jersey Economic Development Authority provided an incentives package to Lockheed Martin for the Relocation of laboratory facilities from another location in the state. The subsidy amounted to $107 million in tax credits over 10 years. The company will move two facilities from Moorestown, NJ to Camden, NJ.
The GTA includes state guarantees and other financial incentives thatare likely to affect the restructuring and performance of firms facinginternational competition, whether from imports, in export markets, andfrom foreign subsidiaries.
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