Subsidy Tracker Individual Entry

Company: 
Valero Refining New Orleans, LLC
Parent Company: 
Valero Energy
Subsidy Source: 
local
Location: 
Louisiana
City: 
Norco
County: 
St. Charles
Address: 
14902 River Road, Norco
NAICS Industry Code: 
324110
Project Description: 

Hyrodocracker Project

Year: 
2014
Major Industry of Parent: 
oil and gas
Specific Industry of Parent: 
oil & gas
Subsidy Value: 
$234,442,649
Program Name: 
Industrial Tax Exemption
Awarding Agency: 
Commerce & Industry Board
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
15
Wage Data: 
$1,580,280
Wage Data Type: 
New jobs annual payroll
Capital Investment: 
$1,375,837,140
Notes: 

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

Source Notes: 
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