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MegadealsSubsidy Tracker Individual Entry
Company: Highway Transport Chemical, LLC
Parent Company:
Subsidy Source: State
Location: Louisiana
City: Geismar
County: Ascension
Address: 6210 Industrial Dr.
Zip: 70734
Project Description: This project is the greenfield construction of a new ''flagship,?? facility. It includes a 6-bay maintenance shop, 4 1/2 bay tank wash, two stories with excellent driver facilities ( including a theatre-type break room ) training center for our Gulf coast area drivers, many offices and conference room. This project also entails the purchase of a fuel tank and some other equipment, as well as the creation of 80 new jobs to be based at the facility.
Year: 2020
Subsidy Value: $151,000
Program Name: Enterprise Zone
Awarding Agency: Louisiana Economic Development
Type of Subsidy: tax credit
Number of Jobs or Training Slots: 169
Wage Data: $10,145,000
Wage Data Type: Estimated Total Payroll
Capital Investment: $7,750,000
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.