Subsidy Tracker Individual Entry

Company: 
Baker Hughes Oilfield Operations, Inc.
Parent Company: 
General Electric
Subsidy Source: 
local
Location: 
Louisiana
City: 
Broussard
County: 
St. Martin
Address: 
1064 Baker Hughes Drive
NAICS Industry Code: 
33312
Project Description: 

Creation of net new jobs and purchase of new equipment

Year: 
2014
Major Industry of Parent: 
diversified
Specific Industry of Parent: 
diversified
Subsidy Value: 
$2,150,471
Program Name: 
Industrial Tax Exemption
Awarding Agency: 
Commerce & Industry Board
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
5
Wage Data: 
$292,240
Wage Data Type: 
New jobs annual payroll
Capital Investment: 
$1,094,089
Notes: 

Subsidy value is estimated ten-year property tax exemption. Jobs, wages and investment amounts are projected.

Source Notes: 
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