Subsidy Tracker Individual Entry

Company: 
Albemarle Corporation
Parent Company: 
Albemarle
Subsidy Source: 
local
Location: 
Louisiana
City: 
Baton Rouge
County: 
East Baton Rouge
Address: 
Gulf States Road
NAICS Industry Code: 
325900
Project Description: 

Addition. Various additions to the facility including but not limited to lab renovations, cooler upgrade, and spill containment improvement.

Year: 
2017
Major Industry of Parent: 
chemicals
Specific Industry of Parent: 
chemicals
Subsidy Value: 
$717,679
Program Name: 
Industrial Tax Exemption
Awarding Agency: 
Commerce & Industry Board
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
0
Wage Data: 
$0
Wage Data Type: 
new annual payroll
Capital Investment: 
$4,185,938
Notes: 

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

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