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MegadealsSubsidy Tracker Individual Entry
Company: Benteler Steel/Tube
Parent Company:
Benteler International
Subsidy Source: multiple
Location: Louisiana
City: Port of Caddo-Bossier
Project Description: seamless steel tube mill (phase one) and steel mill (phase two)
Year: 2012
Major Industry of Parent: diversified
Specific Industry of Parent: diversified
Subsidy Value: $81,750,000
Program Name: multiple
Awarding Agency: multiple
Type of Subsidy:
MEGADEAL (Archived)
Number of Jobs or Training Slots: 675
Wage Data: $50000
Wage Data Type: average annual salary
Capital Investment: $900,000,000
Source of Data: The subsidy value and the jobs, wage and investment projections came from an October 26, 2012 press release issued by Louisiana Economic Development; online at
(click here)
Notes: The German steel company was given a subsidy package that included: $57.4 million in state performance-based grants to reimburse site development, infrastructure and equipment costs; a $12.75 million state performance-based grant to reimburse relocation and training costs; and infrastructure assistance worth $6 million from the Red River Waterway Commission, $3 million from the Port of Caddo-Bossier and $2.6 million from the Caddo Parish Commission. The state also agreed to pay for a new training facility at Bossier Parish Community College. Overlaps with main Subsidy Tracker data: none.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.