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Subsidy Tracker Individual Entry

Company: Allergan Sales, LLC
Parent Company: AbbVie
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: (click here). 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: If an online information source is not working, check the Tracker inventory page for an updated link.