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MegadealsSubsidy Tracker Individual Entry
Company: Supreme Rice, LLC
Parent Company:
Subsidy Source: state
Location: Louisiana
City: Crowley
County: Acadia
Address: 004 South Avenue D
Zip: 70526
NAICS Industry Code: 311212
Project Description: This Phase B application contains assets that were placed in service in 2021, specifically between January 1, 2021 and December 31, 2021. Primary cost for this phase was attributed to machinery and equipment to increase our packing capacity, along with warehouse enlargement and railroad rebuild. Within phase B Supreme was able to build a building for new shipping bins, warehouse to increase storage of finished goods as well as house more milling equipment, railroad loadout cover to keep inventory from outdoor precipitation when loading railcars, and a brand new railroad track to triple rail capacity. From the equipment side conveyors, gates, scales, sorters, balers, sewing machines, vibroblocks, robots, fumigation containers, and moisture meters were added to increase capacity and enhance quality of finished product.
Year: 2023
Subsidy Value: $667,586
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: $450,000
Wage Data Type: Estimated New Payroll
Capital Investment: $12,774,324
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.