Subsidy Tracker Individual Entry

Company: 
Siemens Industry, Inc.
Parent Company: 
Siemens
Subsidy Source: 
federal
State in Which Facility Is Located: 
Illinois
City: 
Elgin
Project Description: 

Siemens Industry, Inc will manufacture the mechanical drives, gears, pinions, and other components for gear boxes for wind turbines. The resulting product will aid the domestic wind power industry.

Year: 
2010
Major Industry of Parent: 
diversified
Specific Industry of Parent: 
diversified
Subsidy Value: 
$28,328,379
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: https://web.archive.org/web/20151104194159/https://www.whitehouse.gov/si...

Notes: 

Year is year credit approval was announced.

Source Notes: 
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