Subsidy Tracker Individual Entry

Company: 
Voith Paper Fabrics Shreveport, Inc.
Parent Company: 
Voith
Subsidy Source: 
state
Location: 
Louisiana
City: 
Shreveport
County: 
Caddo
Address: 
7133 West Park Road
Zip: 
71129
NAICS Industry Code: 
313212
Project Description: 

The beaming machine is a part of our overall strategy to improve the quality of our warping process. We expect to see better profiles in the warping process which should translate to better topography of our fabrics and improved level of satisfaction by our customers. While improved profiles are important in all paper grades, as we move into the more demanding graphical segement of our industry, profiles will become more important.

Year: 
2010
Major Industry of Parent: 
industrial equipment
Specific Industry of Parent: 
industrial equipment
Subsidy Value: 
$206,838
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 Type: 
payroll
Capital Investment: 
$973,814
Notes: 

subsidy value is amount awarded; jobs, wages and investment amounts are projected

Source Notes: 
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