Proposals like this are exactly why corporations don't pay much tax. They have tons of deals and situations like this that offset their profits/tax burden

But muh jobs! /s

Depressingly, a factory is tangible, and the economic benefits of not subsidising things randomly based on political expediency are subtle. Add in the occasional edge cases where subsidies actually make sense (idle military manufacturing capacity during peacetime, for example) and this is a law that tends not to be put in place or stay in place.