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MegadealsSubsidy Tracker Individual Entry
Company: Fuji Oil New Orleans, LLC
Parent Company:
Subsidy Source: State
Location: Louisiana
City: Avondale
County: Jefferson
Address: 2700 US Hwy 90
Zip: 70094
Project Description: Fuji Oil New Orleans, LLC is converting vacant land in Avondale into a new food oil manufacturing facility. Fuji Oil New Orleans, LLC will be a major supplier in the Fats and Oils Industry in the U.S. The Company will process primarily tropical oils into ingredients used in the food, confectionery, and industrial markets. The manufacturing processes that will be used are deodorization, interesterification and blending of products.
Year: 2020
Subsidy Value: $3,194,509
Program Name: Quality Jobs Program
Awarding Agency: Louisiana Economic Development
Type of Subsidy: tax credit
Number of Jobs or Training Slots: 197
Wage Data: $83,565,576
Wage Data Type: Estimated Total Payroll
Capital Investment: $77,400,000
Source of Data:
(click here)
Notes: Year is application board approval date. Subsidy is the sum of Estimated 10 Year Payroll Rebate and Estimated 10 Year S&U or Investment Tax Credit. Jobs is the sum of estimated 10 year new jobs, existing jobs, and estimated construction jobs, which equals the estimated total jobs. Wage data is the sum of estimated 10 year payroll, existing payroll, and estimated construction payroll, which equals the estimated total payroll. Investment data is the sum of Estimated Building And Material, Estimated Machinery And Equipment, and Estimated Labor And Engineering which equals the Total Estimated Investment.
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