Subsidy Tracker Individual Entry
Company:
Cornerstone Chemical Company
Parent Company:
Littlejohn & Co.
Subsidy Source:
local
Location:
Louisiana
City:
Waggaman
County:
Jefferson
Address:
10800 River Road
NAICS Industry Code:
325311
Project Description:
Addition. Additions to improve the output of product capacity and efficiency of our Melamine plant. Reactor was obsolete and needed to be replace for plant to run efficiently.
Year:
2017
Major Industry of Parent:
private equity (including portfolio companies)
Specific Industry of Parent:
private equity (including portfolio companies)
Subsidy Value:
$968,135
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:
$0
Wage Data Type:
new annual payroll
Capital Investment:
$6,352,592
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.
