Subsidy Tracker Individual Entry

Company: 
Chand, LLC
Parent Company: 
Bollinger Shipyards
Subsidy Source: 
local
Location: 
Louisiana
City: 
Mathews
County: 
Lafourche
Address: 
157 Hwy 654
NAICS Industry Code: 
323117
Project Description: 

Addition. Phase 1 Enhancement/Expansion of Manufacturing Process. Additional support equipment to increase capacity and efficiency such as expanding phone system to support manufacturing facilities needs, and upgrading security system as required by the government contract with the USCG, and running specific government contract required software suite/server on new vessels.

Year: 
2017
Major Industry of Parent: 
heavy equipment
Specific Industry of Parent: 
shipbuilding
Subsidy Value: 
$6,487
Program Name: 
Industrial Tax Exemption
Awarding Agency: 
Commerce & Industry Board
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
3
Wage Data: 
$180,000
Wage Data Type: 
new annual payroll
Capital Investment: 
$34,791
Notes: 

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

Source Notes: 
If an online information source is not working, check the Tracker inventory page for an updated link.