Subsidy Tracker Individual Entry
The project consists of (i) the acquisition of approximately 30 acres of land located in the City of Auburn, New York; (ii) the construction thereon of one building of approximately 415,000 square feet for the manufacture of heating and air conditioning equipment and components, including offices related to such manufacture; and (iii) the purchase of equipment. The original project date was 2/26/92, and the new approval dates reflect an amended PILOT agreement. The PILOT agreement had also been amended in 1997, when McQuay did two major expansions for office and engineering space, totaling approximately $4,8 million.
Subsidy value is total for the year of property tax abatements and sales tax exemptions net of payments in lieu of taxes. Jobs and wages are estimates.