Subsidy Tracker Individual Entry
Company:
Kaydon
Parent Company:
SKF
Subsidy Source:
federal
State in Which Facility Is Located:
South Carolina
City:
Sumter
Project Description:
Kaydon will apply the tax credits to re-equip and expand an existing manufacturing facility to produce ?critical pitch and yaw? bearings used in the production and assembly of wind energy turbines.
Year:
2010
Major Industry of Parent:
industrial equipment
Specific Industry of Parent:
industrial equipment
Subsidy Value:
$1,774,800
Program Name:
Advanced Energy Manufacturing Tax Credit (48C Program)
Awarding Agency:
Energy Department
Type of Subsidy:
federal allocated tax credit
Source of Data:
Attachment to January 8, 2010 Energy Department press release: http://www.whitehouse.gov/sites/default/files/48c_selection_011310.xls
Notes:
Year is year credit approval was announced.
Source Notes:
If an online information source is not working, check the Tracker inventory page for an updated link.
