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Subsidy Tracker Individual Entry

Company: International Paper Company
Parent Company: International Paper
Subsidy Source: local
Location: Louisiana
City: Bogalusa
County: Washington
Address: 401 Avenue U
Zip: 70427
NAICS Industry Code: 322210
Project Description: 2020-2021 Bogalusa Expansion
Year: 2021
Major Industry of Parent: paper and packaging
Specific Industry of Parent: paper & packaging
Subsidy Value: $4,994,644
Program Name: Industrial Tax Exemption
Awarding Agency: Commerce & Industry Board
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 3
Wage Data: $150,000.00
Wage Data Type: Estimated New Payroll
Capital Investment: $53,810,000
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.