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MegadealsSubsidy Tracker Individual Entry
Company: Genesis Rail Services, LLC
Parent Company:
Genesis Energy
Subsidy Source: local
Location: Louisiana
City: Raceland
County: Lafourche
Address: 3675 Highway 308
Zip: 70394
NAICS Industry Code: 324110
Project Description: Raceland Facility
Year: 2018
Major Industry of Parent: pipelines
Specific Industry of Parent: pipelines
Subsidy Value: $17,775,702
Program Name: Industrial Tax Exemption
Awarding Agency: Commerce & Industry Board
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 5
Wage Data: $200,000.00
Wage Data Type: Estimated New Payroll
Capital Investment: $190,675,271
Source of Data:
(click here)
Notes: Year is Application Board Approval Date. Subsidy is the Estimated First Year Exemption multiplied by 5 (the number of subsidy years). Jobs figure is number of new positions. Investment data is the sum of Estimated Building And Material, Estimated Machinery and Equipment, and Estimated Labor And Engineering which equal the Total Estimated Investment. The subsidy can be renewed for additional 5 years. Search for possible associated entries.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.