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MegadealsSubsidy Tracker Individual Entry
Company: Agro-Farma, Inc. Phase III
Parent Company:
Subsidy Source: local
Location: New York
City: New Berlin
Address: 669 County Road 25
Zip: 13411
Project Description: In prior years CCIDA was approached by AgroFarma, Inc. to provide assistance/incentives for projects totaling more than $100 million, including mortgage recording tax and sales tax abatements (Phase I), and a PILOT agreement on the new 150,000 sf warehouse (Phase II). AgroFarma requested CCIDA assistance to provide a reduction in cost on a $134 million investment in their Columbus manufacturing facility in 2012. It is anticipated the Phase III projects will not be completed until second quarter of 2013. Current job numbers being reported on the AgroFarma Phase II report, to avoid duplication of job figures. Current employment has been entered identical to "before IDA status" to avoid duplication.
Year: 2013
Subsidy Value: $432,916
Program Name: Industrial Development Agencies
Awarding Agency: Chenango Industrial Development Agency
Type of Subsidy: tax credit/rebate; property tax abatement
Source of Data:
(click here)
Notes: Subsidy value is total for the year of property tax abatements and sales tax exemptions net of payments in lieu of taxes. See original source for jobs and wage information.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.