Subsidy Tracker Individual Entry

Company: 
Westlake Management Services, Inc.
Parent Company: 
Westlake Chemical
Subsidy Source: 
State
Location: 
Louisiana
City: 
Sulphur
County: 
Calcasieu
Address: 
900 Highway 108
Zip: 
70665
Project Description: 

Expansion of petrochemical manufacturing (Petro 1 and Petro 2)

Year: 
2018
Major Industry of Parent: 
chemicals
Specific Industry of Parent: 
chemicals
Subsidy Value: 
$3,690,000
Program Name: 
Enterprise Zone
Awarding Agency: 
Louisiana Economic Development
Type of Subsidy: 
tax credit
Number of Jobs or Training Slots: 
1,571
Wage Data: 
$96,560,000
Wage Data Type: 
Estimated Total Payroll
Capital Investment: 
$591,385,808
Notes: 

Year is application board approval date. Subsidy is the sum of Estimated 5 Year Payroll Credit and Estimated 5 Year S&U or Investment Tax Credit. Jobs is the sum of estimated 5 year new jobs, existing jobs, and estimated construction jobs, which equals the estimated total jobs. Wage data is the sum of estimated 5 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: 
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