Subsidy Tracker Individual Entry

Company: 
Kaydon
Parent Company: 
SKF
Subsidy Source: 
federal
State in Which Facility Is Located: 
South Carolina
City: 
Sumter
Project Description: 

Kaydon will apply the tax credits to re-equip and expand an existing manufacturing facility to produce ?critical pitch and yaw? bearings used in the production and assembly of wind energy turbines.

Year: 
2010
Major Industry of Parent: 
industrial equipment
Specific Industry of Parent: 
industrial equipment
Subsidy Value: 
$1,774,800
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 January 8, 2010 Energy Department press release: http://www.whitehouse.gov/sites/default/files/48c_selection_011310.xls

Notes: 

Year is year credit approval was announced.

Source Notes: 
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