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. - Walk behind lift, encapsulator, fluid bed system, vibratory filler, GBK inverters, cyclone collectors, vault expansion, QC lab

Year: 
2017
Major Industry of Parent: 
pharmaceuticals
Specific Industry of Parent: 
pharmaceuticals
Subsidy Value: 
$190,111
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: 
$940,909
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.