A Fortune 500 Corporation

When a large petrochemical expansion project prematurely announced its expansion plans, it jeopardized lucrative state incentives that the company thought had already been finalized. When notified by the state that the project would not be eligible for incentives because a final siting decision had already been made, the company realized that their consultant (a well-respected global accounting firm) had incorrectly advised them that they were clear to announce the project.

GMJ assisted the corporation in making the case that the announcement had been based on the assumption that the incentive package had been finalized and that, in fact, without the incentives, the project could be located at any number of the company’s sites around the world.

The state accepted a new application and granted the incentive, which resulted in the company’s final siting decision.

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