Subsidy 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: 
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