Subsidy Tracker Individual Entry
Company:
Valero Refining-New Orleans, LLC
Parent Company:
Valero Energy
Subsidy Source:
state
Location:
Louisiana
City:
Norco
County:
St. Charles
Address:
14902 River Road
NAICS Industry Code:
324110
Project Description:
Valero Services Inc (VSI") is the affiliated employing entity for the Valero refinery at Norco La. The capital assets are owned by Valero Refining-New Orleans LLC ( "VRNO"). The project is for VRNO's capital expansion at the refinery to include a new Hydrocracker
Year:
2013
Major Industry of Parent:
oil and gas
Specific Industry of Parent:
oil & gas
Subsidy Value:
$9,758,454
Program Name:
Quality Jobs Program
Awarding Agency:
Commerce & Industry Board
Type of Subsidy:
tax credit/rebate
Number of Jobs or Training Slots:
43
Wage Data:
$37,640,898
Wage Data Type:
new ten-year payroll
Capital Investment:
$950,000,000
Source of Data:
http://www.opportunitylouisiana.com/assets/LED/docs/Performance_Reporting/2013_CI_Board_Approvals.pdf
Notes:
Subsidy value is sum of estimated tax credits and ten-year payroll rebate. Jobs figure is number of new permanent positions.
Source Notes:
If an online information source is not working, check the Tracker inventory page for an updated link.
