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Subsidy Tracker Individual Entry

Company: BASF Corporation
Parent Company: BASF
Subsidy Source: state
Location: Louisiana
City: Geismar
County: Ascension
Address: 8404 River Road
Zip: 70734
NAICS Industry Code: 325100
Year: 2023
Major Industry of Parent: chemicals
Specific Industry of Parent: chemicals
Subsidy Value: $2,501,943
Program Name: Quality Jobs Program
Awarding Agency: Louisiana Economic Development
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 1,299
Wage Data: $194,180,668
Wage Data Type: Estimated Total Payroll
Capital Investment:  $131,651,422
Source of Data: (click here)
Notes: Year is application board approval date. Subsidy is the sum of Estimated 10 Year Payroll Credit and Estimated 10 Year S&U or Investment Tax Credit. Jobs is the sum of estimated 10 year new jobs, existing jobs, and estimated construction jobs, which equals the estimated total jobs. Wage data is the sum of estimated 10 year payroll, existing payroll, and estimated construction payroll, which equals the estimated total payroll. Investment data is the sum of Estimated Building And Material, Estimated Machinery And Equipment, and Estimated Labor And Engineering which equals the Total Estimated Investment.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.