Comparing incentive packages

BYLINE: By The Associated Press

Comparisons of the economic incentive packages offered by the states of Alabama and Louisiana to ThyssenKrupp AG.

ALABAMA:

Total offer $810.4 million

Land acquisition $45 million

Site preparation, water and sewer facilities and river barge terminal $314 million

Work force development $77 million

Public road improvements $25 million

Application fees for foreign trade subzone designation $85,000

State non-educational tax abatements $111.5 million

Local non-educational tax abatements $237.8 million

LOUISIANA:

Total offer $1.97 billion

Site acquisition $49 million

Wetland water mitigation $16 million

Offsite roads and access roads $100 million

Health and safety $1 million

Electric utilities $261 million

Improvements to the Port of South Louisiana $210 million

Cash investment by state $462 million

Industrial property tax exemption for 10 years $500 million

Jobs creation tax credits $129.6 million.

Fire station $10.6 million

Training expenses $40 million

Employment assistance $5 million

(Numbers rounded off, may not add exactly).

Sources: Alabama Development Office, Louisiana Economic Development