Global Trade Alert

The state of Alabama, together with local governments, agreed on January 22, 2015 to provide incentives to Polaris Industries to establish a manufacturing facility for all-terrain vehicles along with a warehouse and R&D center.
 
According to Good Jobs First, the subsidy package includes $31 million in cash from the state that will reimburse the company for the plant construction costs and $20 million also from the state in customized pre-employment screening and a workforce training program. In addition, the state and local governments will abate about $9.5 million in non-education sales and property taxes over ten years. The county will pay up to $1 million for Polaris's temporary office and training spaces. The city's $18 million portion of the package includes: $14.6 million in land that the city will purchase and deed to the company; sales and property tax breaks; $800,000 in fee waivers; and expedited work on Greenbrier Parkway.