Subsidy Tracker Individual Entry

Company: 
Air Products and Chemicals, Inc.
Parent Company: 
Air Products & Chemicals
Subsidy Source: 
local
Location: 
Louisiana
City: 
Geismar
County: 
Ascension
Address: 
9156 Hwy 75
NAICS Industry Code: 
325120
Project Description: 

Start-Up/New. Air Products and Chemicals, Inc. will construct, own, and operate a new steam methane reformer on land owned by customer Huntsman for the manufacture and sale of carbon monoxide, hydrogen, and steam to Huntsman and to our Gulf Coast Connection Pipeline customers.

Year: 
2017
Major Industry of Parent: 
chemicals
Specific Industry of Parent: 
chemicals
Subsidy Value: 
$23,468,250
Program Name: 
Industrial Tax Exemption
Awarding Agency: 
Commerce & Industry Board
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
7
Wage Data: 
$1,100,000
Wage Data Type: 
new annual payroll
Capital Investment: 
$145,000,000
Notes: 

Subsidy value is estimated ten-year property tax exemption. Jobs figure is number of new positions.

Source Notes: 
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