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Subsidy Tracker Individual Entry

Company: 
Methanex USA LLC
Parent Company: 
Methanex
Subsidy Source: 
state
Location: 
Louisiana
City: 
Geismar
County: 
Ascension
Address: 
4279 Highway 73
NAICS Industry Code: 
325199
Project Description: 

This project involves the relocation (from Chile), construction and operation of two methanol producing chemical manufacturing facilities with annual production of 2 million metric tons of methanol and having approximately 160 permanent full-time jobs.

Year: 
2014
Major Industry of Parent: 
chemicals
Specific Industry of Parent: 
chemicals
Subsidy Value: 
$16,891,384
Program Name: 
Quality Jobs Program
Awarding Agency: 
Commerce & Industry Board
Type of Subsidy: 
Tax Credit/Rebate
Number of Jobs or Training Slots: 
160
Wage Data: 
$106,523,061
Wage Data Type: 
New Ten-Year Payroll
Capital Investment: 
$1,100,000,000
Source of Data: 

http://www.opportunitylouisiana.com/assets/LED/docs/Performance_Reportin...

Notes: 

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

Source Notes: 
If an online information source is not working, check the Tracker inventory page for an updated link.