Subsidy Tracker Individual Entry
Company:
Methanex Louisiana, LLC
Parent Company:
Methanex
Subsidy Source:
local
Location:
Louisiana
City:
Geismar
County:
Ascension
Address:
4171 Hwy 73
NAICS Industry Code:
325199
Project Description:
Start-Up/New. This project is Phase II of the relocation of our Methanol plant from Chile' to Geismar, Louisiana.
Year:
2017
Major Industry of Parent:
chemicals
Specific Industry of Parent:
chemicals
Subsidy Value:
$564,287
Program Name:
Industrial Tax Exemption
Awarding Agency:
Commerce & Industry Board
Type of Subsidy:
property tax abatement
Number of Jobs or Training Slots:
15
Wage Data:
$1,200,000
Wage Data Type:
new annual payroll
Capital Investment:
$3,486,482
Notes:
Subsidy value is estimated ten-year property tax exemption. Jobs figure is number of new positions.
Source Notes:
If an online information source is not working, check the Tracker inventory page for an updated link.
