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MegadealsSubsidy Tracker Individual Entry
Company: Canon
Parent Company:
Canon
Subsidy Source: multiple
Location: New York
City: Melville
County: Suffolk
Project Description: imaging company headquarters for North America and South America
Year: 2009
Major Industry of Parent: electrical and electronic equipment
Specific Industry of Parent: imaging products
Subsidy Value: $100,000,000
Program Name: multiple
Awarding Agency: multiple
Type of Subsidy:
MEGADEAL
Number of Jobs or Training Slots: 1,000
Source of Data: The estimated subsidy value and jobs projection came from: Elizabeth Moore, "$100M in incentives sought to lure Canon to Melville," Newsday, May 10, 2009. See also: James T. Madore, "Canon Moves In," Newsday, February 18, 2013.
Notes: The subsidies included Empire Zone tax credits worth an estimated $45 million; $35 million in property tax abatements and sales tax exemptions from the Suffolk County Industrial Development Agency; and infrastructure assistance, including extra lanes on service roads leading to the Long Island Expressway. Overlaps with main Subsidy Tracker data: $520,755 Industrial Development Agency entry for 2010.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.