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Subsidy Tracker Individual Entry

Company: Praxair, Incorporated
Parent Company: Linde
Subsidy Source: state
Location: Michigan
City: River Rouge
Address: 300 Great Lakes Street River Rouge
Zip: 48218
Project Description: State Education Tax Abatement - Praxair will construct a new distillery in the City of Ecorse and investment in River Rouge as well. The new distillery will increase capacity and efficiency. This distillery will produce Oxygen, Nitrogen, and Argon gas. The project will result in roughly $113 million in investment and 4 new jobs at an average hourly wage of $37.50. The construction of this new distillery is projected to take roughly 18 months ??? 3 years to have operational. Praxair will service various customers with the new capacity including their pipeline customers. Both municipalities will support the project with property tax abatements.
Year: 2014
Major Industry of Parent: industrial services
Specific Industry of Parent: industrial gas
Subsidy Value: $21,957,000
Program Name: New Personal Property Exemption
Awarding Agency: Michigan Economic Development Corporation
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 4
Source of Data: (click here)
Notes: Year is fiscal year. Jobs is sum of new and retained positions.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.