Subsidy Tracker Parent Company Summary
Parent Company Name:
Novolex
Ownership Structure:
privately held
Headquartered in:
South Carolina
Major Industry:
paper and packaging
Specific Industry:
packaging
| Subsidy Summary | Subsidy Value | Number of Awards |
|---|---|---|
| State/Local | $1,288,808 | 15 |
| Federal (grants and allocated tax credits) | $0 | 0 |
| TOTAL | $1,288,808 | 15 |
| Loan / Bailout Summary | Total Face Value | Number of Awards |
| State/Local loans, bond financing and venture capital | $0 | 0 |
| Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
| TOTAL | $0 | 0 |
Time Period for State and Local Awards:
Earliest year of data: 1994. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2008.
Time Period for Federal Awards:
FY2000 to the present
Notes:
Dollar totals do not include awards for which no subsidy value is disclosed.
Associated Names:
BAGCRAFT PAPERCON; DELUXE PACKAGING; HILEX POLY; INTL CONVERTER
Links:
For a summary of this company's regulatory violations see its Violation Tracker summary page here.
| Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
|---|---|---|
| New York | $621,358 | 9 |
| Mississippi | $300,000 | 1 |
| Idaho | $200,000 | 1 |
| Kansas | $96,800 | 1 |
| Virginia | $51,900 | 1 |
| All other | $18,750 | 2 |
Individual Subsidy Records:
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| Company | Location | Subsidy Source | Year |
Subsidy Value |
Loan/Bailout Value | Type of Subsidy |
|---|---|---|---|---|---|---|
| Deluxe Packaging Corporation | New York | state | 2004 | $497,847 | enterprise zone | |
| International Converter | Mississippi | state | 2011 | $300,000 | grant/loan hybrid program | |
| Hilex Poly Co., LLC | Idaho | state | 2004 | $200,000 | training reimbursement | |
| Bagcraft Papercon | Kansas | state | 2008 | $96,800 | training reimbursement | |
| Hilex Poly Company LLC | Virginia | state | 2011 | $51,900 | training reimbursement | |
| Deluxe Packaging Corp. | New York | state | 2007 | $40,556 | enterprise zone | |
| Deluxe Packaging Corporation | New York | state | 2009 | $25,537 | enterprise zone | |
| DeLuxe Packaging | New York | local | 2005 | $24,370 | tax credit/rebate; property tax abatement | |
| INTERNATIONAL CONVERTER INC | Ohio | state | 2008 | $15,000 | grant | |
| Deluxe Packaging Corporation | New York | state | 2011 | $9,374 | enterprise zone | |
| DeLuxe Packaging | New York | local | 2006 | $8,416 | tax credit/rebate; property tax abatement | |
| Deluxe Packaging Corporation | New York | state | 2010 | $8,126 | enterprise zone | |
| Deluxe Packaging Corporation | New York | state | 2008 | $6,076 | enterprise zone | |
| INTERNATIONAL CONVERTER INC | Ohio | state | 2010 | $3,750 | grant | |
| DeLuxe Packaging | New York | local | 2009 | $1,056 | tax credit/rebate; property tax abatement | |
| International Converter, Inc. | Ohio | state | 1994 | undisclosed | tax credit/rebate |
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