Wal-Mart Subsidies in New Albany, MS
Store Details
| City | New Albany |
| State | MS |
| Address | 973 State Hwy 30 W |
| ZIP code | 38652 |
| County | Union |
| Type of Facility | distribution center |
| Year Opened | 1996 |
| Value of Subsidies | about $11.5 million |
Narrative
The state provided grants and loans to pay for about $3 million in infrastructure improvements, including road and water/sewer lines. Free land worth about $100,000 was provided by the county after it was donated by a local family. The facility was awarded a ten-year property tax exemption. Without the exemption, Wal-Mart would be paying about $838,000 in local taxes, making the exemption worth about $8.4 million.
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