Subsidy Tracker Individual Entry

Company: 
Allergan Sales, LLC
Parent Company: 
Allergan
Subsidy Source: 
state
Location: 
New Jersey
City: 
Madison
County: 
Morris
Project Description: 

Consolidation of operations

Year: 
2016
Major Industry of Parent: 
pharmaceuticals
Specific Industry of Parent: 
pharmaceuticals
Subsidy Value: 
$58,284,000
Program Name: 
Grow New Jersey Assistance Program
Awarding Agency: 
New Jersey Economic Development Authority
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
1,319
Wage Data: 
$148,787
Wage Data Type: 
median annual wage
Capital Investment: 
$103,700,000
Source of Data: 

The value of the award is reflected in the New Jersey Economic Development Authority agenda from August 9, 2016, available at: http://www.njeda.com/pdfs/agendas/08092016_agenda.aspx#page=33. See also: Kathleen Lynn, "N.J. Pursues Pharma Jobs," Herald News (Passaic County, NJ), August 10, 2016.

Notes: 

The company was approved for $58 million over 10 years to move and consolidate operations in the state. The subsidy will come from state's Edison Innovation Fund, which is a component of Grow New Jersey Assistance Program, a corporate business tax credit. The jobs number includes 300 new jobs and 1,019 relocated jobs from Parsippany, Jersey City, Rockaway and Bridgewater. Overlaps with main Subsidy Tracker data: a 2017 Grow New Jersey Assistance Program entry for the company for $58 million.

Source Notes: 
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