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MegadealsSubsidy Tracker Individual Entry
Company: Wanhua Chemical US Operations LLC
Parent Company:
Subsidy Source: local
Location: Louisiana
City: Convent
County: St. James
Address: 7500 LA-3214
Zip: 70723
NAICS Industry Code: 325998
Project Description: Greenfield investment of MDI Integrated manufacturing plant
Year: 2019
Subsidy Value: $91,349,124
Program Name: Industrial Tax Exemption
Awarding Agency: Commerce & Industry Board
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 165
Wage Data: $13,100,000.00
Wage Data Type: Estimated New Payroll
Capital Investment: $1,142,899,800
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.