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
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.
