Subsidy Tracker Individual Entry

Company: 
Folger Coffee Company
Parent Company: 
J.M. Smucker
Subsidy Source: 
local
Location: 
Louisiana
City: 
New Orleans
County: 
Orleans
Address: 
14601 Old Gentilly Road
NAICS Industry Code: 
311920
Project Description: 

Addition. Annual plant additions to the Folgers Coffee Plant.

Year: 
2017
Major Industry of Parent: 
food products
Specific Industry of Parent: 
food products
Subsidy Value: 
$1,524,988
Program Name: 
Industrial Tax Exemption
Awarding Agency: 
Commerce & Industry Board
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
6
Wage Data: 
$3,000,000
Wage Data Type: 
new annual payroll
Capital Investment: 
$6,835,445
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.