Company: Methanex USA LLC Parent Company: Methanex Subsidy Source: local Location: Louisiana City: Geismar County: Ascension Address: 4171 Highway 73 NAICS Industry Code: 325199 Project Description: Start-Up/New. This project is Phase III 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: $89,190 Program Name: Industrial Tax Exemption Awarding Agency: Commerce & Industry Board Type of Subsidy: property tax abatement Number of Jobs or Training Slots: 5 Wage Data: $400,000 Wage Data Type: new annual payroll Capital Investment: $551,066 Source of Data: (click here) 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.