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.