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MegadealsSubsidy Tracker Individual Entry
Company: Alliance Compressors LLC
Parent Company:
Emerson Electric
Subsidy Source: state
Location: Louisiana
City: Natchitoches
County: Natchitoches
Address: 100 Industrial Drive
Zip: 71457
NAICS Industry Code: 333415
Project Description: Qualifying machinery and equipment purchased consisted of additions to existing building facilities; M&E used to manufacture compressors, tooling, and material handling equipment. This included new panel view systems and computer hardware & software that are an integral part of our production processes. The specific M & E acquired by us in 2020 supplemented & expanded our current existing operations and provided additional opportunities for improving product reliability, environmental compatibility, and addressed employee safety issues, all of which were to be accomplished while achieving additional cost reductions in producing our products to be offered for resale to our customers. Some examples of the M & E purchased for this project included: IR Gel Oven, Scroll Verification Systems, Power Supplies, New Hardware and software to accommodate upgrades, Meters, Printers and Low Bearing Welders.
Year: 2023
Major Industry of Parent: industrial equipment
Specific Industry of Parent: industrial equipment
Subsidy Value: $134,857
Program Name: Industrial Tax Exemption
Awarding Agency: Commerce & Industry Board
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 4
Wage Data: $137,280
Wage Data Type: Estimated New Payroll
Capital Investment: $2,281,841
Source of Data:
(click here)
Notes: Year is Application Board Approval Date. Subsidy is the Estimated First Year Exemption multiplied by 5 (the number of subsidy years). Jobs figure is number of new positions. Investment data is the sum of Estimated Building And Material, Estimated Machinery and Equipment, and Estimated Labor And Engineering which equal the Total Estimated Investment. The subsidy can be renewed for additional 5 years. Search for possible associated entries.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.