Subsidy Tracker Individual Entry

Company: 
General Electric Capital Corporation
Parent Company: 
General Electric
Subsidy Source: 
state
Location: 
Louisiana
City: 
New Orleans
County: 
Orleans
Address: 
201 St. Charles Avenue
NAICS Industry Code: 
522220
Project Description: 

As part of this project, the company will establish and operate an informatino technology center of excellence in New Orleans, La. This includes develop, enhance, customize, modify, maintain software, perform information technology infrastructure support and management services, including information systems and software security services.

Year: 
2013
Major Industry of Parent: 
diversified
Specific Industry of Parent: 
diversified
Subsidy Value: 
$10,168,719
Program Name: 
Quality Jobs Program
Awarding Agency: 
Commerce & Industry Board
Type of Subsidy: 
tax credit/rebate
Number of Jobs or Training Slots: 
300
Wage Data: 
$169,478,642
Wage Data Type: 
new ten-year payroll
Capital Investment: 
$8,850,000
Notes: 

Subsidy value is sum of estimated tax credits and ten-year payroll rebate. Jobs figure is number of new permanent positions.

Source Notes: 
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