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Subsidy Tracker Individual Entry

Company: Solae LLC
Parent Company: Dow Inc.
Subsidy Source: local
Location: Tennessee
City: Memphis
County: Shelby
Address: 4272 South Mendenhall Road
Project Description: retain jobs and invest in two facilities
Year: 2015
Major Industry of Parent: chemicals
Specific Industry of Parent: materials sciences
Subsidy Value: $2,144,132
Program Name: Memphis PILOT
Awarding Agency: Economic Development Growth Engine
Type of Subsidy: Property Tax Abatement
Number of Jobs or Training Slots: 276
Wage Data: $62,691
Wage Data Type: salary
Capital Investment: $32,606,579
Source of Data: (click here)
Notes: Subsidy value is projected loss in property taxes collected that would have been collected by the city. PILOT is for 11 year period. Year is year credit approved. Jobs figure is 276 retained jobs. Wage figure is average salary.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.