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Subsidy Tracker Individual Entry

Company: Novartis #3
Parent Company: Novartis
Subsidy Source: state
Location: New Jersey
City: East Hanover
County: Morris
Year: 2006
Major Industry of Parent: pharmaceuticals
Specific Industry of Parent: pharmaceuticals
Subsidy Value: $11,060,671
Program Name: Sales and Use Tax Exemption Program
Awarding Agency: Economic Development Authority
Type of Subsidy: Tax credit/rebate
Number of Jobs or Training Slots:  1,059
Capital Investment: $538,300,000
Source of Data: agency provided spreadsheet version of info from PDF reports at (click here)
Notes: awarded together with a Business Retention and Relocation Assistance Grant; retained jobs and investment figures relate to the two combined; subsidy value is amount awarded; jobs and investment figures are projected
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.