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Subsidy Tracker Individual Entry

Company: Martin Marietta Magnesia Specialties
Parent Company: Martin Marietta Materials
Subsidy Source: state
Location: Michigan
City: Filer
County: Manistee
Project Description: Facility to control or dispose of water pollutants
Year: 2008
Major Industry of Parent: building materials
Specific Industry of Parent: building materials
Subsidy Value: undisclosed
Program Name: Water Pollution Control Exemption
Awarding Agency: State Tax Commission
Type of Subsidy: property tax abatement
Capital Investment: $529,850
Value of Exempted Property: $264,925
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.