Basic Search
|
Geographic Searches
|
Advanced Search |
MegadealsSubsidy Tracker Individual Entry
Company: Asahi/America, Inc
Parent Company:
Subsidy Source: state
Location: Louisiana
City: Paulina
County: St. James
Address: 2541 LA Highway 3125
Zip: 70763
NAICS Industry Code: 326199
Project Description: Company has outgrown their current fabrication facility and is expanding to accommodate new growth. Project will consist the construction of a new 60,000 square foot facility in Paulina that will manufacture pipe and pipe fittings; as well as, the purchase of an overhead crane, jib cranes, forklifts, compressors, a router table, fab shop racks and carts, vacuum assist, band saw, and bore lathe.
Year: 2023
Subsidy Value: $454,812
Program Name: Industrial Tax Exemption
Awarding Agency: Commerce & Industry Board
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 2
Wage Data: $80,000
Wage Data Type: Estimated New Payroll
Capital Investment: $7,062,512
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.