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MegadealsSubsidy Tracker Individual Entry
Company: Reliable EDM, LLC
Parent Company:
Subsidy Source: state
Location: Louisiana
City: Broussard
County: Lafayette
Address: 2911 Hwy 90 E
Zip: 70518
NAICS Industry Code: 332710
Project Description: We purchased an Ingersoll Electrical Discharge Machine - Gantry 2000 from Germany to be placed at our Broussard location. This machine is needed to bring more capabilities to our Broussard location. It is one of the largest in its class to handle large customer parts.
Year: 2023
Subsidy Value: $31,860
Program Name: Industrial Tax Exemption
Awarding Agency: Commerce & Industry Board
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 1
Wage Data: $41,600
Wage Data Type: Estimated New Payroll
Capital Investment: $295,000
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.