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MegadealsSubsidy Tracker Individual Entry
Company: LACC LLC US
Parent Company:
Subsidy Source: state
Location: Louisiana
City: Westlake
County: Calcasieu
Address: 2200 Bayou D'Inde Pass
Zip: 70669
NAICS Industry Code: 325110
Project Description: This project entails the addition of a new boiler to double the production of steam on site. The new boiler will be tied into the existing boiler and will require tie in equipment like piping, meters, pumps and values. Additionally, the company will purchase and install a new Ethane Saturator, to tie-into the current manufacturing process. The tie-in will required additional piping, meters, valves and pumps. The portion of this project that was completed in 2022 is the Ethane Saturator, along with accompanying pumps, pipes, tie-ins, coils and desiccant.
Year: 2023
Subsidy Value: $657,142
Program Name: Industrial Tax Exemption
Awarding Agency: Commerce & Industry Board
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 1
Wage Data: $60,000
Wage Data Type: Estimated New Payroll
Capital Investment: $9,632,682
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.