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MegadealsSubsidy Tracker Individual Entry
Company: Zagis USA, LLC
Parent Company:
Subsidy Source: state
Location: Louisiana
City: Lacassine
County: Jefferson Davis
Address: 21095 South Frontage Road
Zip: 70650
NAICS Industry Code: 313111
Project Description: In November of 2009, Zagis USA completed construction on its facility in Lacassine, Louisiana. We built one, 128,000 square foot facility of concrete structure for the purpose of housing our machinery & equipment designed to take bales of raw cotton and process this cotton into spools of yarn. This product is then sold to major textile companies who weave our cotton yarn into garments.
Year: 2010
Subsidy Value: $3,032,567
Program Name: Industrial Tax Exemption
Awarding Agency: Commerce & Industry Board
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 65
Wage Data: $2200000
Wage Data Type: payroll
Capital Investment: $18,894,496
Source of Data:
(click here)
Notes: subsidy value is amount awarded; jobs, wages and investment amounts are projected
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inventory page for an updated link.