Subsidy Tracker Individual Entry

Company: 
Hanwha Advanced Materials America LLC
Parent Company: 
Hanwha
Subsidy Source: 
state
Location: 
Michigan
City: 
Monroe
Address: 
1530 East Front Street Monroe
Zip: 
48162
Project Description: 

Michigan Business Development Program - Currently Hanwha is planning a geographical expansion in Michigan in order to meet the growing EPP demand in this Northern Region. Hanwha has selected the Monroe-based existing facility for projected future growth. This new investment in Michigan will bring $12 Million for Building and Equipment and create 70 new jobs.

Year: 
2013
Major Industry of Parent: 
diversified
Specific Industry of Parent: 
diversified
Subsidy Value: 
$616,000
Program Name: 
Industrial Personal Property Tax Relief
Awarding Agency: 
Michigan Economic Development Corporation
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
70
Notes: 

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

Source Notes: 
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