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MegadealsSubsidy Tracker Individual Entry
Company: Novelis Corporation
Parent Company:
Aditya Birla Group
Subsidy Source: state
Location: Kentucky
County: TODD
Year: 2019
Major Industry of Parent: diversified
Specific Industry of Parent: diversified
Value of Loan, Loan Guarantee or Bailout Assistance: $750,000
Loan Value Notes: Loan amounts do not reflect repayments. See the original source for that information.
Program Name: Economic Development Bonds
Awarding Agency: Kentucky Economic Development Finance Authority
Type of Subsidy: loan or bond financing
Number of Jobs or Training Slots: 37
Wage Data: $25.79
Wage Data Type: Estimated average hourly wage
Capital Investment: $304,840,754
Source of Data:
(click here)
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.