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MegadealsSubsidy Tracker Individual Entry
Company: Wacker Chemie
Parent Company:
Wacker Chemie
Subsidy Source: multiple
Location: Tennessee
City: Cleveland
Project Description: polycrystalline silicon plant
Year: 2009
Major Industry of Parent: chemicals
Specific Industry of Parent: chemicals
Subsidy Value: $210,500,000
Program Name: multiple
Awarding Agency: multiple
Type of Subsidy:
MEGADEAL
Number of Jobs or Training Slots: 500
Capital Investment: $1,000,000,000
Source of Data: The value and the breakdown of the subsidy package are taken from: Annie Johnson, "Solar incentives: Here's where the money was spent," Nashville Business Journal, August 19, 2011; online at
(click here). The jobs and investment projections came from: "German Solar Firm Plans $1B Tenn. Plant," Nashville Business Journal, February 26, 2009.
Notes: The $210.5 million subsidy package included $83 million from the state in job tax credits, sales tax exemptions and infrastructure grants. On the local level, the company received property tax abatements worth $127.5 million over 20 years. The local property tax abatements are listed separately in the main Subsidy Tracker data under County PILOT agreements but without dollar amounts.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.