Subsidy Tracker Individual Entry

Company: 
Formosa Plastics Corporation
Parent Company: 
Formosa Plastics
Subsidy Source: 
state
Location: 
Louisiana
City: 
Baton Rouge
County: 
East Baton Rouge
Address: 
Gulf States Road
NAICS Industry Code: 
325199
Project Description: 

Expansion

Year: 
2015
Major Industry of Parent: 
chemicals
Specific Industry of Parent: 
chemicals
Subsidy Value: 
$1,391,874
Program Name: 
Industrial Tax Exemption
Awarding Agency: 
Commerce & Industry Board
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
1
Capital Investment: 
$8,201,970
Notes: 

Subsidy value is estimated ten-year property tax exemption. Jobs figure is number of new permanent positions.

Source Notes: 
If an online information source is not working, check the Tracker inventory page for an updated link.