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MegadealsSubsidy Tracker Individual Entry
Company: Valero Refining-New Orleans, LLC
Parent Company:
Valero Energy
Subsidy Source: local
Location: Louisiana
City: Norco
County: St. Charles
Address: 15272 River Road
Zip: 70079
NAICS Industry Code: 324110
Project Description: Pentane Alkylation Unit
Year: 2019
Major Industry of Parent: oil and gas
Specific Industry of Parent: oil & gas
Subsidy Value: $22,156,827
Program Name: Industrial Tax Exemption
Awarding Agency: Commerce & Industry Board
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 9
Wage Data: $1,200,000.00
Wage Data Type: Estimated New Payroll
Capital Investment: $314,817,097
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.