Basic Search
|
Geographic Searches
|
Advanced Search |
MegadealsSubsidy Tracker Individual Entry
Company: Union Carbide Corporation
Parent Company:
Dow Inc.
Subsidy Source: state
Location: Louisiana
City: Taft
County: St. Charles
Address: Highway 18, River Rd
Zip: 70057
NAICS Industry Code: 325188
Project Description: The project upgraded the process control system at the facility. The upgrades and equipment installed included electrical wiring, fiber optic cabling, power supplies, process automation switches and systems, monitoring valves, sensors, and gauges, transmitters, controllers, network hardware, reactor systems and compressors. The upgrades benefit the facility by providing additional capacity of 324M lbs/year, implementing automation capabilities, and improving reliability.
Year: 2023
Major Industry of Parent: chemicals
Specific Industry of Parent: materials sciences
Subsidy Value: $4,533,227
Program Name: Industrial Tax Exemption
Awarding Agency: Commerce & Industry Board
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 0
Capital Investment: $51,266,352
Source of Data:
(click here)
Notes: Year is Application Board Approval Date. Subsidy is the Estimated First Year Exemption multiplied by 5 (the number of subsidy years). Jobs figure is number of new positions. Investment data is the sum of Estimated Building And Material, Estimated Machinery and Equipment, and Estimated Labor And Engineering which equal the Total Estimated Investment. The subsidy can be renewed for additional 5 years. Search for possible associated entries.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.