Subsidy Tracker Individual Entry

Company: 
Exxon Mobil Corporation (Refinery)
Parent Company: 
Exxon Mobil
Subsidy Source: 
State
Location: 
Louisiana
City: 
Baton Rouge
County: 
East Baton Rouge
Address: 
4045 Scenic Highway
Zip: 
70805
Project Description: 

Improvements and upgrades to Refinery as well as supporting ongoing operations. Projects/purchases to include: Security; Analyzer/Instrumentation; BRACE; Catalyst; Naphtha Debottleneck; PSLA-9 Crude Expansion; Coker Infrastructure. Will be an addition of 58 net new jobs within the first 24 months with potential of 600 construction jobs.

Year: 
2020
Major Industry of Parent: 
oil and gas
Specific Industry of Parent: 
oil & gas
Subsidy Value: 
$3,070,391
Program Name: 
Enterprise Zone
Awarding Agency: 
Louisiana Economic Development
Type of Subsidy: 
tax credit
Number of Jobs or Training Slots: 
1,908
Wage Data: 
$148,400,000
Wage Data Type: 
Estimated Total Payroll
Capital Investment: 
$321,710,111
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: 
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