Subsidy Tracker Individual Entry

Company: 
Cabot Corporation
Parent Company: 
Cabot
Subsidy Source: 
State
Location: 
Louisiana
City: 
Centerville
County: 
St. Mary
Address: 
272 Cabot Plant Lane
Zip: 
70532
Project Description: 

Recovering and rerouting waste to Cleco boiler for production of electricity

Year: 
2020
Major Industry of Parent: 
chemicals
Specific Industry of Parent: 
chemicals
Subsidy Value: 
$1,896,124
Program Name: 
Quality Jobs Project
Awarding Agency: 
Louisiana Economic Development
Type of Subsidy: 
tax credit
Number of Jobs or Training Slots: 
1,237
Wage Data: 
$76,511,069
Wage Data Type: 
Estimated Total Payroll
Capital Investment: 
$85,000,000
Notes: 

Year is application board approval date. Subsidy is the sum of Estimated 10 Year Payroll Rebate 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: 
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