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MegadealsSubsidy Tracker Individual Entry
Company: Climax Molybdenum Co.
Parent Company:
Freeport-McMoRan
Subsidy Source: state
Location: Michigan
City: Coldwater
County: Branch
Project Description: Facility to control or dispose of air pollutants
Year: 1971
Major Industry of Parent: mining and minerals
Specific Industry of Parent: mining
Subsidy Value: undisclosed
Program Name: Air Pollution Control Exemption
Awarding Agency: State Tax Commission
Type of Subsidy: property tax abatement
Capital Investment: $4,434
Value of Exempted Property: $2,217
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.