Subsidy Tracker Individual Entry

Company: 
TJ International (purchased by Weyerhaeuser)
Parent Company: 
Weyerhaeuser
Subsidy Source: 
state
Location: 
Kentucky
City: 
Chavies/Hazard
County: 
Perry
Address: 
610 Trus Joist Ln
Zip: 
41727-8669
NAICS Industry Code: 
321213
Project Description: 

engineered lumber plant

Year: 
1995
Major Industry of Parent: 
building materials
Specific Industry of Parent: 
forest products
Subsidy Value: 
$103,000,000
Program Name: 
Kentucky Rural Economic Development Act
Awarding Agency: 
Kentucky Economic Development Finance Authority
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
130
Wage Data: 
$11.78
Wage Data Type: 
estimated average hourly rate
Capital Investment: 
$106,814,000
Source of Data: 

The value of the subsidy package and the job and wage data are taken from the Kentucky's Financial Incentives Database listing for Weyerhaeuser Company. The database was accessed on March 8, 2013 and is available on-line at: http://www.goodjobsfirst.org/subsidy-tracker/ky-secure-energy-kentucky-llc

Notes: 

The value of the subsidy comes from the Kentucky's Financial Incentives Database. In 1995, TJ International was approved by KEDFA for $103 million in incentives for a new wood-products plant in Perry County. The facility was operated by TJ International's subsidiary Trus Joist MacMillan. In 2002, Weyerhaeuser Company bought TJ International and Trus Joist MacMillan. In 2009, the plant shut down. The main Subsidy Tracker data lists the subsidy package under the 1995 entry for Kentucky Rural Economic Development Act, under Weyerhaeuser Company, the last owner of the plant.

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