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MegadealsSubsidy Tracker Individual Entry
Company: Valero Refining
Parent Company:
Valero Energy
Subsidy Source: multiple
Location: Louisiana
City: Norco
County: St. Charles
Address: 14902 River Road
NAICS Industry Code: 324110
Project Description: New plant/additions to refinery
Year: 2013
Major Industry of Parent: oil and gas
Specific Industry of Parent: oil & gas
Subsidy Value: $128,622,663
Program Name: multiple
Awarding Agency: Commerce & Industry Board
Type of Subsidy:
MEGADEAL
Number of Jobs or Training Slots: 13
Wage Data: $12,566,840
Wage Data Type: new ten-year payroll
Capital Investment: $691,473,002
Source of Data: The subsidy value and the jobs, payroll and investment figures came from entries for Valero Refining-New Orleans for the Industrial Tax Exemption and Quality Jobs Program on the Louisiana Commerce & Industry Board disclosure site at
(click here). See also: Juliuet Linderman, "Valero plans expansion in St. Charles," Times-Picayune, July 17, 2013.
Notes: The subsidy value is the total of the estimated value of a ten-year property tax exemption, Quality Jobs sales and use tax credits, and Quality Jobs payroll rebates. Jobs figure is number of new permanent positions. Overlap with main Subsidy Tracker data: a $118,864,209 Industrial Tax Exemption entry for Valero Refining-New Orleans and a $9,758,454 Quality Jobs entry for the same company.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.