Mar 17
2021
The mother of all subsidy deals
At a cost of $4 million per job, the subsidy deal designed to bring the first tenant to a vacant industrial park in rural Genesee County would be the richest in Western New York history. Plug Power is in line for an estimated $269.5 million in tax breaks and power discounts in exchange for building a plant that would create 68 jobs. The cost per job dwarfs other local subsidy deals. Subsidies for a data center built nearly a decade ago in Lockport worked out to more than $2 million a job. Government money invested in the Tesla solar plant[...]