Subsidy Tracker Individual Entry

Company: 
Shaw SSS Fabricators, Inc.
Parent Company: 
McDermott International
Subsidy Source: 
local
Location: 
Louisiana
City: 
Addis
County: 
West Baton Rouge
Address: 
7012 Hwy. 1 South
NAICS Industry Code: 
332996
Project Description: 

New investment including new plate processor, stencil machine, concrete foundation and transferred-in equipment from Oklahoma, Arkansas, and Mexico. Transferred-in equipment includes, welding equipment, paint carts ,an office trailer and a forklift.

Year: 
2014
Major Industry of Parent: 
oilfield services and supplies
Specific Industry of Parent: 
oilfield services
Subsidy Value: 
$145,911
Program Name: 
Industrial Tax Exemption
Awarding Agency: 
Commerce & Industry Board
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
6
Wage Data: 
$321,360
Wage Data Type: 
New jobs annual payroll
Capital Investment: 
$1,150,716
Notes: 

Subsidy value is estimated ten-year property tax exemption. Jobs, wages and investment amounts are projected.

Source Notes: 
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