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MegadealsSubsidy Tracker Individual Entry
Company: Plastipak Packaging, Inc.
Parent Company:
Plastipak
Subsidy Source: local
Location: Louisiana
City: Pineville
County: Rapides
Address: 4101 Pardue Road
Zip: 71360
NAICS Industry Code: 326100
Project Description: 7 new production lines
Year: 2021
Major Industry of Parent: paper and packaging
Specific Industry of Parent: packaging
Subsidy Value: $2,920,272
Program Name: Industrial Tax Exemption
Awarding Agency: Commerce & Industry Board
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 10
Wage Data: $400,000.00
Wage Data Type: Estimated New Payroll
Capital Investment: $28,433,592
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.