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Subsidy Tracker Individual Entry

Company: Aleris Recycling, Inc.
Parent Company: Aditya Birla Group
Subsidy Source: state
Location: Michigan
City: Coldwater
County: Branch
Project Description: Facility to control or dispose of air pollutants
Year: 2013
Major Industry of Parent: diversified
Specific Industry of Parent: diversified
Subsidy Value: undisclosed
Program Name: Air Pollution Control Exemption
Awarding Agency: State Tax Commission
Type of Subsidy: property tax abatement
Capital Investment: $924,620
Value of Exempted Property: $462,310
Source of Data: (click here)
Notes: Program provides a 100% property and sales tax exemption for investments in air pollution control equipment. Eligible facilities must be certified by the Michigan Dept. of Environment, Great Lakes, and Energy. Subsidy value not disclosed. Investment is the cost of the exempted property.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.