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MegadealsSubsidy Tracker Individual Entry
Company: Exxon Mobil Corp dba Exxon Mobil Corp (Chemical)
Parent Company:
Exxon Mobil
Subsidy Source: State
Location: Louisiana
City: Baton Rouge
County: East Baton Rouge
Address: 4999 Scenic Highway
Zip: 70805
Project Description: Installations of new gas turbines and steam generators to increase energy efficiency and reliability; Upgrades to cooling towers to increase reliability; Main office building structural integrity improvements and hardening effort; Installing new piping to increase site competitiveness and improve integration with other BR facilities; Purchase of a new facility to further expand footprint; Improvements to increase feed availability and optimize production.
Year: 2020
Major Industry of Parent: oil and gas
Specific Industry of Parent: oil & gas
Subsidy Value: $1,321,875
Program Name: Enterprise Zone
Awarding Agency: Louisiana Economic Development
Type of Subsidy: tax credit
Number of Jobs or Training Slots: 1,674
Wage Data: $122,640,000
Wage Data Type: Estimated Total Payroll
Capital Investment: $133,541,650
Source of Data:
(click here)
Notes: Year is application board approval date. Subsidy is the sum of Estimated 5 Year Payroll Credit and Estimated 5 Year S&U or Investment Tax Credit. Jobs is the sum of estimated 5 year new jobs, existing jobs, and estimated construction jobs, which equals the estimated total jobs. Wage data is the sum of estimated 5 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.