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MegadealsSubsidy Tracker Individual Entry
Company: Jyoti Americas LLC
Parent Company:
Subsidy Source: federal
State in Which Facility Is Located: Texas
City: Conroe
Project Description: Jyoti Americas LLC was selected for a $6.7 million 48C Advanced Energy Manufacturing Tax Credit for its facility in Conroe, Texas, which is the only fully-automated lattice transmission tower manufacturing plant in the United States. The expanded 20 acre, 50,000 metric ton capacity plant nearly quintupled American manufacturing capacity for lattice transmission towers, which will support the increase in transmission of renewable energy into the grid. The Conroe Plant employs a workforce of 165?with plans for at least 200?and features 11 state of the art computer numerical controlled machines and a fully-enclosed, zero-emission galvanizing facility that support the American transmission infrastructure ecosystem.
Year: 2013
Subsidy Value: $6,700,000
Program Name: Advanced Energy Manufacturing Tax Credit (48C Program)
Awarding Agency: Department of Energy
Type of Subsidy: federal allocated tax credit
Source of Data: Attachment to December 12, 2013 Energy Department press release:
(click here)
Notes: Year is year credit approval was announced.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.