Subsidy Tracker Individual Entry

Company: 
Voith Paper Fabric & Roll Systems, Inc.
Parent Company: 
Voith
Subsidy Source: 
state
Location: 
Louisiana
City: 
Shreveport
County: 
Caddo
Address: 
7133 West Park Road
NAICS Industry Code: 
313212
Project Description: 

Voith Fabrics weaves a synthetic monofilament yarn into a fabric state by use of textile manufacturing process. Once the cloth is is woven, heat is applied for curing and the stablization of the yarns. The fabric is then seamed so as to produce an endless fabric. The finished fabric is sold to the paper mills, for the process of making various types of grades of paper.

Year: 
2013
Major Industry of Parent: 
industrial equipment
Specific Industry of Parent: 
industrial equipment
Subsidy Value: 
$799,086
Program Name: 
Industrial Tax Exemption
Awarding Agency: 
Commerce & Industry Board
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
0
Wage Data: 
$0
Wage Data Type: 
new ten-year payroll
Capital Investment: 
$3,772,834
Notes: 

Subsidy value is estimated ten-year property tax exemption. Jobs figure is number of new permanent positions.

Source Notes: 
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