Subsidy Tracker Individual Entry
The subsidy value and the jobs, payroll and investment figures came from entries for Valero Refining-New Orleans for the Industrial Tax Exemption on the 2014 Louisiana Commerce & Industry Board disclosure site at http://www.opportunitylouisiana.com/assets/LED/docs/Performance_Reporting/2014_CI_Board_Incentive_Approvals.pdf
This subsidy award is a part of a larger expansion of Valero?s refinery in Norco (see also a 2013 megadeal for Valero Refining for $128,622,663 in Norco). This 10-year property tax abatement is on a hydrocracker installed at the refinery. Overlap with main Subsidy Tracker data: a $ 234,442,649 Industrial Tax Exemption entry for Valero Refining-New Orleans in 2014.