Subsidy Tracker Individual Entry

Company: 
MathesonGas
Parent Company: 
Subsidy Source: 
state
Location: 
Louisiana
City: 
Westlake
County: 
Calcasieu
Address: 
2745 Huston River Road
NAICS Industry Code: 
325120
Project Description: 

Matheson Tri-Gas have been operating a plant in Lake Charles since 1992. We are an entrenched local entity, who have ties to the community and region. Recently the Matheson team have partnered with Sasol to win the gases supply for their Ethylene plant. MTG will build own and operate one of the largest Air Separation Units (ASUs) in the country and the largest ASU in the Matheson Group. This facility will not only delivers product to Sasol with their Oxygen and Nitrogen usage for the foreseeable future, but will maintain and grow our current and future customer base in Lake Charles and the surrounding State. Matheson plans to build a state of the art 1500 tpd ASU, Cylinder filling depot, store and truck station at the new location in Lake

Year: 
2014
Subsidy Value: 
$1,977,714
Program Name: 
Quality Jobs Program
Awarding Agency: 
Commerce & Industry Board
Type of Subsidy: 
Tax Credit/Rebate
Number of Jobs or Training Slots: 
27
Wage Data: 
$16,295,232
Wage Data Type: 
New Ten-Year Payroll
Capital Investment: 
$130,000,000
Notes: 

Subsidy value is sum of estimated tax credits and ten-year payroll rebate. Jobs figure is number of new permanent positions.

Source Notes: 
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