Basic Search
|
Geographic Searches
|
Advanced Search |
MegadealsSubsidy Tracker Individual Entry
Company: Metglas, Inc.
Parent Company:
Subsidy Source: federal
State in Which Facility Is Located: South Carolina
City: Conway
Project Description: Metglas, Inc. will purchase equipment for a casting expansion to increase domestic production of amorphous metals that form the core of the most energy efficient transformers. The equipment will reduce the amount of lost electricity due to transformer distribution losses.
Year: 2010
Subsidy Value: $4,890,000
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 January 8, 2010 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.