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MegadealsSubsidy Tracker Individual Entry
Company: Elmer Candy Corporation
Parent Company:
Subsidy Source: state
Location: Louisiana
City: Ponchatoula
County: Tangipahoa
Address: 401 N. Fifth St.
NAICS Industry Code: 311352
Project Description: Expansion. Elmer Chocolate, headquartered in Ponchatoula, Louisiana, has operated in Louisiana since 1855. Its primary business is Valentine and Christmas boxed chocolate while its Easter candy is an iconic Louisiana tradition. Its box chocolates are sold nationwide through most major national retailers. Elmers is the second largest heart box manufacturer in the country trailing only Russell Stover (recently acquired by Lindt). Russell Stover and Hershey, another significant direct competitor, have chosen to relocate significant portions of their operations to China and Mexico. Elmers has embarked on its most significant project in its career, a project that will fundamentally transform it into one of, if not the most, efficient box chocolate manufacturer in the world. In order to accomplish this, Elmers has purchased state of the art chocolate candy production equipment capable of producing over four million chocolate pieces per day. The equipment is housed in a newly constructed, state of the a
Year: 2017
Subsidy Value: $50,000
Program Name: Enterprise Zone Program
Awarding Agency: Commerce & Industry Board
Type of Subsidy: enterprise zone
Number of Jobs or Training Slots: 20
Wage Data: $2,280,000
Wage Data Type: new five year payroll
Capital Investment: $44,300,000
Source of Data:
(click here)
Notes: Subsidy value is the sum of estimated tax rebates and credits over five years. Jobs figure is estimated number of new permanent positions.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.