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Subsidy Tracker Individual Entry

Company: Koch Nitrogen
Parent Company: Koch Industries
Subsidy Source: local
Location: Oklahoma
City: Enid
County: Garfield
Project Description: expansion of fertilizer plant
Year: 2014
Major Industry of Parent: diversified
Specific Industry of Parent: diversified
Subsidy Value: $148,700,000
Subsidy Value in 2023 Dollars: $192,151,021
Program Name: tax increment financing
Awarding Agency: Garfield County Commission
Type of Subsidy: 
Number of Jobs or Training Slots: 60
Capital Investment: $1.3 billion
Source of Data: The subsidy and investment amounts came from: Dale Denwalt, "Koch Nitrogen expansion construction starts in September," Enid News and Eagle, August 5, 2014. The jobs figure (actually 50-60) was contained in: Adam Wilmoth, "Fertilizer plant construction to start in September," Daily Oklahoman, August 6, 2014.
Notes: Garfield County created a tax increment financing district to generate up to $148.7 million in funding for the expansion. Overlaps with main Subsidy Tracker data: none.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.