Subsidy Tracker Individual Entry
Company:
Folger Coffee Company
Parent Company:
J.M. Smucker Co.
Subsidy Source:
local
Location:
Louisiana
City:
New Orleans
County:
Orleans
Address:
5500 Chef Menteur Highway
NAICS Industry Code:
31192
Project Description:
Addition. Annual plant additions to the Folgers Coffee plant.
Year:
2017
Major Industry of Parent:
food products
Specific Industry of Parent:
food products
Subsidy Value:
$514,970
Program Name:
Industrial Tax Exemption
Awarding Agency:
Commerce & Industry Board
Type of Subsidy:
property tax abatement
Number of Jobs or Training Slots:
0
Wage Data:
$0
Wage Data Type:
new annual payroll
Capital Investment:
$2,308,248
Source of Data:
https://www.opportunitylouisiana.com/docs/default-source/boards-reports/2017-final-board-of-commerce-industry-approval-report_corrected.pdf?sfvrsn=1
Notes:
Subsidy value is estimated ten-year property tax exemption. Jobs figure is number of new positions.
Source Notes:
If an online information source is not working, check the Tracker inventory page for an updated link.