Subsidy Tracker Individual Entry

Company: 
Delphi Automotive Systems LLC
Parent Company: 
Delphi Automotive
Subsidy Source: 
federal
State in Which Facility Is Located: 
Indiana
City: 
Kokomo
Project Description: 

With this $10.6 million 48C Tax Credit, Delphi Automotive Systems plans to invest $35.3 million through 2017 in equipment and tooling at its Kokomo Power Electronics facility in Indiana. This facility expansion will further scale up product validation and manufacturing, doubling capacity to more than 500,000 units annually to meet its customers? production volumes. Delphi manufactures power electronics such as inverters, converters, chargers, controllers, integrated energy storage and electrical power management systems. The project is expected to create more than 150 new direct jobs, and will help Delphi remain competitive in the global electrified vehicle market by further reducing its production and engineering unit costs.

Year: 
2013
Major Industry of Parent: 
automotive parts
Specific Industry of Parent: 
automotive parts
Subsidy Value: 
$10,600,000
Program Name: 
Advanced Energy Manufacturing Tax Credit (48C Program)
Awarding Agency: 
Energy Department
Type of Subsidy: 
federal allocated tax credit
Source of Data: 

Attachment to December 12, 2013 Energy Department press release: http://energy.gov/sites/prod/files/2013/12/f5/48C%20Phase%20II%20Selecti...

Notes: 

Year is year credit approval was announced.

Source Notes: 
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