Company: The Folger Coffee Company Parent Company: J.M. Smucker Co. Subsidy Source: local Location: Louisiana City: New Orleans County: Orleans Address: 14601 Old Gentilly Road Zip: 70129 NAICS Industry Code: 311920 Project Description: Plant Additions Year: 2020 Major Industry of Parent: food products Specific Industry of Parent: food products Subsidy Value: $939,285 Program Name: Industrial Tax Exemption Awarding Agency: Commerce & Industry Board Type of Subsidy: property tax abatement Number of Jobs or Training Slots: 4 Wage Data: $160,000.00 Wage Data Type: Estimated New Payroll Capital Investment: $10,768,156 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.