Wal-Mart Subsidies in Lewiston, ME
Store Details
City | Lewiston |
State | ME |
Address | 31 Alfred Plourde Pkwy |
ZIP code | 04240 |
County | Androscoggin |
Type of Facility | distribution center |
Year Opened | 2006 |
Value of Subsidies | $16 million |
Narrative
The city provided infrastructure reimbursements worth $5.9 million (through tax increment financing), land worth $330,600 and infrastructure improvements valued at $2.7 million. The state provided a Business Equipment Tax reimbursement worth $4.7 million and an employment-tax increment financing plan (through which Wal-Mart receives a percentage of qualified employees' income tax withholdings) valued at $2.4 million, assuming 450 jobs are created.