Subsidy Tracker Individual Entry

Company: 
Emerson Electric Co.
Parent Company: 
Emerson Electric
Subsidy Source: 
state
Location: 
Kentucky
County: 
LOGAN
Project Description: 

Expansion

Year: 
2019
Major Industry of Parent: 
industrial equipment
Specific Industry of Parent: 
industrial equipment
Subsidy Value: 
$700,000
Program Name: 
Kentucky Business Investment Program
Awarding Agency: 
Kentucky Economic Development Finance Authority
Type of Subsidy: 
tax credit/rebate
Number of Jobs or Training Slots: 
55
Wage Data: 
$17.25
Wage Data Type: 
Estimated average hourly wage
Capital Investment: 
$16,151,000
Notes: 

Year is year of KEDFA final approval. Subsidy value is maximum authorized amount. Jobs figure is estimated number of new positions. Wage figure is estimated rate. Investment figure is total project cost.

Source Notes: 
If an online information source is not working, check the Tracker inventory page for an updated link.