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MegadealsSubsidy Tracker Individual Entry
Company: Targa Resources, LLC
Parent Company:
Targa Resources
Subsidy Source: State
Location: Louisiana
City: Sulphur
County: Calcasieu
Address: 1399 Davison Road
Zip: 70665
Project Description: Expansion of employment at this site to manage and monitor new regional assets and services. This site is an NGL fractionation facility, where the mixed NGLs are separated into discrete NGL products: ethane, ethane-propane mix, propane, normal butane, iso-butane and natural gasoline.
Year: 2018
Major Industry of Parent: pipelines
Specific Industry of Parent: pipelines
Subsidy Value: $754,631
Program Name: Quality Jobs Program
Awarding Agency: Louisiana Economic Development
Type of Subsidy: tax credit
Number of Jobs or Training Slots: 182
Wage Data: $25,692,959
Wage Data Type: Estimated Total Payroll
Capital Investment: $4,500,000
Source of Data:
(click here)
Notes: Year is application board approval date. Subsidy is the sum of Estimated 10 Year Payroll Rebate and Estimated 10 Year S&U or Investment Tax Credit. Jobs is the sum of estimated 10 year new jobs, existing jobs, and estimated construction jobs, which equals the estimated total jobs. Wage data is the sum of estimated 10 year payroll, existing payroll, and estimated construction payroll, which equals the estimated total payroll. Investment data is the sum of Estimated Building And Material, Estimated Machinery And Equipment, and Estimated Labor And Engineering which equals the Total Estimated Investment.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.