Subsidy Tracker Individual Entry

Company: 
LM Wind Power Blades (ND) Inc.
Parent Company: 
General Electric
Subsidy Source: 
federal
State in Which Facility Is Located: 
North Dakota
City: 
Grand Forks
Project Description: 

A $700,000 48C Advanced Energy Manufacturing Tax Credit will allow LM Wind Power Blades (ND) Inc. to re-equip its Grand Forks, N.D., facility for increased participation in the North American large-blade market. The workforce at the facility will grow by 170 people as a result of the project, which improves the processing capabilities of materials used in manufacturing. The project assures that LM Wind Power Blades (ND) Inc. contributes to efficient American productivity with cost-effective materials.

Year: 
2013
Major Industry of Parent: 
diversified
Specific Industry of Parent: 
diversified
Subsidy Value: 
$700,000
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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