Subsidy Tracker Individual Entry
Company:
Suniva, Inc
Parent Company:
Suniva
Subsidy Source:
state
Location:
Michigan
City:
Saginaw
Address:
2650 Schust Road Saginaw
Zip:
48609
Project Description:
Michigan Business Development Program Grant: Suniva, Inc., established in 2007, is the leading American manufacturer of high-efficiency crystalline silicon photovoltaic (PV) solar cells and high-power solar modules. The company is known for its high-quality products, industry-leading technology, reliability and high power density. Headquartered in metro-Atlanta, GA, Suniva sells its advanced PV cells and modules globally. The company plans to create a new state-of-the-art manufacturing facility in Saginaw Township, investing up to $12.5 million and creating 350 jobs. As a result, Suniva has been awarded a $2.5 million Michigan Business Development Program performance-based grant. Michigan was chosen over competing sites in Mississippi and Georgia. Saginaw Township has offered support to the project in the form of property tax abatement. For information on Suniva, visit www.suniva.com.
Year:
2014
Major Industry of Parent:
utilities and power generation
Specific Industry of Parent:
solar energy materials
Subsidy Value:
$540,000
Program Name:
Sales & Use Tax Exemption
Awarding Agency:
Michigan Economic Development Corporation
Type of Subsidy:
tax credit/rebate
Number of Jobs or Training Slots:
350
Source of Data:
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.
