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:
If an online information source is not working, check the Tracker inventory page for an updated link.
