Subsidy Tracker Individual Entry

Company: 
AGGREKO LLC
Parent Company: 
Aggreko
Subsidy Source: 
State
Location: 
Louisiana
City: 
New Iberia
County: 
Iberia
Address: 
4610 W ADMIRAL DOYLE DR
Zip: 
70560
Project Description: 

Aggreko rents temporary utility equipment and maintains a large facility in New Iberia, Louisiana. The planned building expansion (~9000 sq ft) will allow us to hire additional staff as our business continues to grow. New positions created since our advance notification include inside sales, logistics coordinators, technical specialists, process engineers and administrative staff. The building is scheduled to be completed by December 2018.

Year: 
2018
Major Industry of Parent: 
miscellaneous energy products and systems
Specific Industry of Parent: 
energy equipment
Subsidy Value: 
$1,170,555
Program Name: 
Quality Jobs Project
Awarding Agency: 
Louisiana Economic Development
Type of Subsidy: 
tax credit
Number of Jobs or Training Slots: 
331
Wage Data: 
$37,741,886
Wage Data Type: 
Estimated Total Payroll
Capital Investment: 
$1,244,000
Notes: 

Year is application board approval date. Subsidy is the sum of Estimated 10 Year Payroll Rebate and Estimated 10 Year S&U or Investment Tax Credit. Jobs is the sum of estimated 10 year new jobs, existing jobs, and estimated construction jobs, which equals the estimated total jobs. Wage data is the sum of estimated 10 year payroll, existing payroll, and estimated construction payroll, which equals the estimated total payroll. Investment data is the sum of Estimated Building And Material, Estimated Machinery And Equipment, and Estimated Labor And Engineering which equals the Total Estimated Investment.

Source Notes: 
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