Subsidy Tracker Individual Entry
This project will consist of the installation of a new operating unit to increase the site's total nitrogen capacity, and the installation of additional operating units to reconfigure the site output to higher value nitrogen fertilizers, urea and UAN solutions. Additional storage and loading facilities will also be added.
The main subsidy value and the jobs, payroll and investment figures came from an entry under the name CF Industries Nitorgen on the Louisiana Commerce & Industry Board disclosure site at http://www.opportunitylouisiana.com/assets/LED/docs/Performance_Reportin.... The parish subsidy came from: Bret McCormick, "Ascension plant to expand," Baton Rouge Advocate, November 2, 2012.
The main subsidy of $360,380,700 is the estimated value of a ten-year property tax exemption. Ascension Parish provided another $6 million in rebates of sales tax on construction materials. Jobs figure is number of new permanent positions. Overlap with main Subsidy Tracker data: an Industrial Tax Exemption entry under the name CF Industries Nitrogen for $360,380,700.