Basic Search  |  Geographic Searches  |  Advanced Search | Megadeals

Subsidy Tracker Individual Entry

Company: Amazon
Parent Company: Amazon.com
Subsidy Source: local
Location: New York
City: Niagara Falls
County: Niagara
Address: 8995 Lockport Rd.
Project Description: warehouse
Year: 2022
Major Industry of Parent: retailing
Specific Industry of Parent: retail-internet
Subsidy Value: $123,922,474
Subsidy Value in 2023 Dollars: $129,034,456
Program Name: Industrial Development Agencies
Awarding Agency: Niagara County Industrial Development Agency
Type of Subsidy: 
Number of Jobs or Training Slots: 1,000
Wage Data: $32,360
Wage Data Type: average annual salary
Capital Investment: $550,000,000
Source of Data: Project files posted to the Niagara County Center for Economic Development (IDA) website under Amazon.com Services LLC and an entity formed or to be formed on its behalf: (click here) see subsidy breakdown is in the Project Summary; jobs and wage data is in the application document.
Notes: The Niagara County Industrial Development Agency awarded an Amazon warehouse $123,922,474 in various tax abatements over 15 years: $93 million in property tax exemptions; $26 million in state and local sales tax exemptions; $3.5 million in state and local mortgage recording tax exemptions. No state subsidies were mentioned. The average annual salary was stated as $32,640: 950 warehouse/logistic workers will be paid $31,200 annually and 50 managerial workers will be paid $60,000 annually, according to the application documents (see the source). Investment is the project cost. Overlap with the main data: none.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.