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MegadealsSubsidy Tracker Individual Entry
Company: Noble Plastics, Inc.
Parent Company:
Subsidy Source: State
Location: Louisiana
City: Opelousas
County: St. Landry
Address: 2624 Powers Street
Zip: 70570
Project Description: Facility upgrades to convert an open warehouse space to a climate-controlled, LED lit, enclosed production area to allow for manufacture of plastic items to meet food safety standards for a client out of Texas. Investments allowed expanded employment at the facility and will continue to enhance the work environment for employees and other potential clients. Creating 6 net new jobs within the first 24 months of the contract.
Year: 2021
Subsidy Value: $24,125
Program Name: Enterprise Zone
Awarding Agency: Louisiana Economic Development
Type of Subsidy: tax credit
Number of Jobs or Training Slots: 10
Wage Data: $1,120,000
Wage Data Type: Estimated Total Payroll
Capital Investment: $392,657
Source of Data:
(click here)
Notes: Year is application board approval date. Subsidy is the sum of Estimated 5 Year Payroll Credit and Estimated 5 Year S&U or Investment Tax Credit. Jobs is the sum of estimated 5 year new jobs, existing jobs, and estimated construction jobs, which equals the estimated total jobs. Wage data is the sum of estimated 5 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.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.