Subsidy Tracker Individual Entry

Company: 
Alcoa Howmet
Parent Company: 
Howmet Aerospace
Subsidy Source: 
state
Location: 
Michigan
City: 
Whitehall
Address: 
3850 White Lake Drive Whitehall
Zip: 
49461
Project Description: 

Michigan Business Development Program - Howmet Corporation (the ???Company???) plans to expand its Michigan presence to support new business opportunities. The Company will expand its facility in the City of Whitehall at 555 Benston Road, Whitehall, Michigan 49461. The Project will involve capital investment of approximately $16,734,500 in the form of new construction and machinery and equipment. The Company plans to create 25 Qualified New Jobs as a result of the Project.

Year: 
2015
Major Industry of Parent: 
aerospace and military contracting
Specific Industry of Parent: 
aerospace components
Subsidy Value: 
$935,000
Program Name: 
Sales & Use Tax Exemption
Awarding Agency: 
Michigan Economic Development Corporation
Type of Subsidy: 
tax credit/rebate
Number of Jobs or Training Slots: 
25
Notes: 

Year is fiscal year. Jobs is sum of new and retained positions.

Source Notes: 
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