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MegadealsSubsidy Tracker Individual Entry
Company: Hexion Inc.
Parent Company:
American Securities LLC
Subsidy Source: local
Location: Louisiana
City: Luling
County: St. Charles
Address: 12513 Queenie Road
Zip: 70070
NAICS Industry Code: 325199
Project Description: Project Embalm
Year: 2019
Major Industry of Parent: private equity (including portfolio companies)
Specific Industry of Parent: private equity (including portfolio companies)
Subsidy Value: $4,628,679
Program Name: Industrial Tax Exemption
Awarding Agency: Commerce & Industry Board
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 8
Wage Data: $651,274.00
Wage Data Type: Estimated New Payroll
Capital Investment: $54,615,678
Source of Data:
(click here)
Notes: Year is Application Board Approval Date. Subsidy is the Estimated First Year Exemption multiplied by 5 (the number of subsidy years). Jobs figure is number of new positions. Investment data is the sum of Estimated Building And Material, Estimated Machinery and Equipment, and Estimated Labor And Engineering which equal the Total Estimated Investment. The subsidy can be renewed for additional 5 years. Search for possible associated entries.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.