Subsidy Tracker Individual Entry

Company: 
Seldat, Inc.
Parent Company: 
Seldat
Subsidy Source: 
state
Location: 
New Jersey
City: 
Piscataway
County: 
Middlesex
Address: 
2 Turner Place
Year: 
2015
Major Industry of Parent: 
freight and logistics
Specific Industry of Parent: 
logistics
Subsidy Value: 
$51,536,000
Program Name: 
Grow New Jersey Assistance Program
Awarding Agency: 
Economic Development Authority
Type of Subsidy: 
MEGADEAL
Number of Jobs or Training Slots: 
New Jobs: 1050; Retained At Risk Jobs:
Capital Investment: 
$33,599,000
Source of Data: 

The details of the subsidy package are taken from NJ EDA April 14, 2015 Memorandum, pp. 147-151; online at http://www.njeda.com/pdfs/agendas/04122015_Agenda.aspx

Notes: 

The subsidy package for Seldat, a logistics and distribution company, is in a form of 10-year tax credits on the company's new 500,000 sq. ft. facility. Overlaps with main Subsidy Tracker data: a 2015 Grow New Jersey Assistance Program entry for $51,536,000.

Source Notes: 
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