Wal-Mart Subsidies in Plainview, TX
|Address||3100 North IH 27|
|Type of Facility||distribution center|
|Value of Subsidies||more than $1 million|
NarrativeThe community provided free land to Wal-Mart for the project in the 1980s, and in 2002 the Plainview/Hale County Industrial Foundation gave the company another 11 acres for free. Local officials could not provide an estimate of the value of the original land grant, but the more recent one was worth about $220,000. We estimate the value of the total land grants at $1 million. In the 1980s Wal-Mart was also given a property tax abatement, but local officials were unable to estimate the value of that subsidy.