Subsidy Tracker Individual Entry

Company: 
Dr. Reddys Laboratories Louisiana LLC
Parent Company: 
Dr. Reddy's Laboratories
Subsidy Source: 
local
Location: 
Louisiana
City: 
Shreveport
County: 
Caddo
Address: 
8800 Line Avenue
NAICS Industry Code: 
325412
Project Description: 

Addition. To manufacture CII substances at Shreveport, the facility will require upgrades such as security systems, vigilance cameras, etc in addition to a few process equipment's. -Encapsulator, tablet press, fluid bed system, agilent dissolution system and auto samplers, vibroscreens

Year: 
2017
Major Industry of Parent: 
pharmaceuticals
Specific Industry of Parent: 
pharmaceuticals
Subsidy Value: 
$1,009,669
Program Name: 
Industrial Tax Exemption
Awarding Agency: 
Commerce & Industry Board
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
20
Wage Data: 
$1,100,000
Wage Data Type: 
new annual payroll
Capital Investment: 
$4,997,123
Notes: 

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

Source Notes: 
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