Subsidy Tracker Individual Entry

Company: 
IBM Corporation
Parent Company: 
IBM Corp.
Subsidy Source: 
state
Location: 
Louisiana
City: 
Baton Rouge
County: 
East Baton Rouge
Address: 
5353 Essen Lane
NAICS Industry Code: 
541512
Project Description: 

IBM is partnering with the State of Louisiana to create 800 new technology jobs in Louisiana over the next four years. The IBM Services Center: Baton Rouge will provide IBM?s clients in the United States with services that address the increasing demand for flexible software services to keep up with Big Data, cloud and mobile requirements that they are facing. Baton Rouge IBM employees will design, build and support technical solutions for some of the world?s leading companies.

Year: 
2014
Major Industry of Parent: 
information technology
Specific Industry of Parent: 
information technology
Subsidy Value: 
$76,693,041
Program Name: 
Quality Jobs Program
Awarding Agency: 
Commerce & Industry Board
Type of Subsidy: 
Tax Credit/Rebate
Number of Jobs or Training Slots: 
800
Wage Data: 
$1,277,392,357
Wage Data Type: 
New Ten-Year Payroll
Capital Investment: 
$3,300,000
Notes: 

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

Source Notes: 
If an online information source is not working, check the Tracker inventory page for an updated link.