New Hampshire spends at least $39 million per year on incentive programs, roughly $30 per capita, according to the United States of Subsidies database built by the New York Times. The series examines incentives and their impact on jobs and local economies.
That is $23.7 million in corporate income tax credit, rebate or reduction, and $15.3 million in cash grant, loan or loan guarantee, the study found.
The NYT database showing NH incentives includes the following:
- $1.6 million to Foss Manufacturing (tax credit program, other), 2009-2012.
- $121,263 to Kollsman Inc. (job training, tax credit programs), Merrimack, 2007-2009.
- $100,000 to IBM (job training fund), Bedford, 2009.
- $97,129 to Alene Candles (job training fund) Milford, 2010.
- $60,000 to Hitchiner Manufacturing (job training fund) Milford, 2011
- $34,438 to Saint-Gobain Ceramics & Plastics Inc. (job training fund) Milford, 2008
- $25,707 to Airmar Technology Corp. (job training fund) Milford, 2008-2010.
- $20,370 to Nashua Corp. (job training fund) Merrimack, 2008.
- $17,299 to Amphenol Printed Circuits (job training fund) Nashua, 2011.
- $15,380 to Resource Plastics (job training fund) Amherst, 2011.
- $12,587 to Technical Graphics (job training fund, tax credit program), Milford, 2009-2011.
- $11,700 to Devtech Labs Inc. (job training fund), Amherst, 2008.
- $10,665 to Johnson Precision (job training fund), Amherst 2010.