Basic Search
|
Geographic Searches
|
Advanced Search |
MegadealsSubsidy Tracker Individual Entry
Company: Stolthaven New Orleans LLC
Parent Company:
Subsidy Source: state
Location: Louisiana
City: Braithwaite
County: Plaquemines
Address: 2444 English Turn Road
Zip: 70040
NAICS Industry Code: 325180
Project Description: Stolthaven New Orleans completed the Terminal Automation Phase 1.5 at the end of 2021. In addition to the new automation equipment, this project added several new tanks which was necessary due to new business (customers). The increase in tank capacity made it necessary to add new piping, concrete containment and curbing, pumps, mixers, hoses, meters, high-level radar alarm gauging systems, filters, heat exchangers, valves, insulation, foam chamber systems, chiller systems, liners, sealants, gangways, filter pots, and vents. Along with the new tanks, Stolthaven added new rail and truck racks with piping systems , new manifolds, and new foundations. In order to increase the terminal's current throughput, the utility stations were extended as well as all product lines. In addition, the Waste Water Treatment Facility needed upgrades in order to boost the terminal's increased process flow; therefore, additional drainage in the WW drum storage sump area was necessary. The control room building (PLC) that was constructed during 2020 under ITE-20180047, was extended so that additional automation equipment and improvements could be housed in this building. Due to all of the new automation equipment throughout the facility, Stolthaven also constructed a Central Control Room; therefore, this building is also referred to as the ''Operations Warehouse''. This tank expansion project and terminal automation system will make Stolthaven more competitive in this industry and will be more enticing for job opportunities in the future.
Year: 2023
Subsidy Value: $385,752
Program Name: Industrial Tax Exemption
Awarding Agency: Commerce & Industry Board
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 2
Wage Data: $191,600
Wage Data Type: Estimated New Payroll
Capital Investment: $9,059,043
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.