Subsidy Tracker Individual Entry

Company: 
Silicor Materials (formerly Calisolar)
Parent Company: 
Silicor Materials
Subsidy Source: 
multiple
Location: 
Mississippi
County: 
Lowndes
Project Description: 

silicon metal production and purification facility

Year: 
2011
Major Industry of Parent: 
utilities and power generation
Specific Industry of Parent: 
solar energy materials
Subsidy Value: 
$94,250,000
Program Name: 
multiple
Awarding Agency: 
multiple
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
951
Capital Investment: 
$500,000,000
Source of Data: 

The subsidy value and breakdown as well as the jobs and investment projections came from: Carmen K. Sisson, "Financing delays Silicor as deadlines approach," The Commercial Dispatch (Columbus, MS), July 18, 2012.

Notes: 

The $75.25 million state portion of the subsidy package consisted of a $59.5 million low-cost construction and equipment loan, $11.25 million in infrastructure assistance and $4.5 million for worker training. The county provided a fee-in-lieu-of-taxes agreement worth an additional $19 million. The company missed numerous deadlines for the start of construction and failed to company with a demand by the county board of supervisors that it put up $150,000 in earnest money by December 31, 2012. In January 2013 the company said it was considering reviving the project in another part of the state (Jeff Clark, "Silicor officials evasive on plans for facility," The Commercial Dispatch (Columbus, MS), January 8, 2013. Overlaps with main Subsidy Tracker data: none.

Source Notes: 
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