Subsidy Tracker Individual Entry

Company: 
Bollinger Fourchon, LLC
Parent Company: 
Bollinger Shipyards
Subsidy Source: 
local
Location: 
Louisiana
City: 
Golden Meadow
County: 
Lafourche
Address: 
236 Adam Ted Gisclair Rd
NAICS Industry Code: 
336611
Project Description: 

Addition. Phase 1 Enhancement/Expansion of Manufacturing Process. Additional fabrication and support equipment to increase capacity and efficiency including limestone rill & soil stabilization for movement of heavy modules, dredge and dredge pipe to deepen water at its bulkhead to adequately launch vessels near completion, and chainfalls & retro clamps to holds materials in

Year: 
2017
Major Industry of Parent: 
heavy equipment
Specific Industry of Parent: 
shipbuilding
Subsidy Value: 
$449,969
Program Name: 
Industrial Tax Exemption
Awarding Agency: 
Commerce & Industry Board
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
14
Wage Data: 
$840,000
Wage Data Type: 
new annual payroll
Capital Investment: 
$2,413,349
Notes: 

Subsidy value is estimated ten-year property tax exemption. Jobs figure is number of new positions.

Source Notes: 
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