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MegadealsSubsidy Tracker Individual Entry
Company: Dow Kokam (previously known as KD Advanced Battery Group)
Parent Company:
Freudenberg
Subsidy Source: multiple
Location: Michigan
City: Midland
County: Midland
Address: 2700 S. Saginaw Road
Zip: 48640
Project Description: advanced battery manufacturing
Year: 2009
Major Industry of Parent: diversified
Specific Industry of Parent: diversified
Subsidy Value: $194,300,000
Program Name: multiple
Awarding Agency: multiple
Type of Subsidy:
MEGADEAL
Number of Jobs or Training Slots: 885
Capital Investment: $665,000,000
Source of Data: The initial tax credit amounts came from an April 14, 2009 press release issued by the office of then-Gov. Jennifer Granholm; the additional battery tax credit figure came from a February 25, 2010 press release issued by the governor's office. The Renaissance Zone tax break figures came from a report to the Midland City Council dated January 6, 2010; online at
(click here) 6.pdf
Notes: The subsidies included: $100 million in state battery tax credits; $44.6 million in MEGA tax credits; $42 million in additional battery tax credits; $4.3 million in Renaissance Zone property tax abatements; and $3.4 million in Renaissance Zone Michigan Business Tax breaks. Overlaps with main Subsidy Tracker data: two Battery Tax Credit entries for 2009 totaling $142 million and a $29 million MEGA entry listed for both 2009 and 2010.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.