Subsidy Tracker Individual Entry
Company:
EDO, LLC
Parent Company:
L3Harris Technologies
Subsidy Source:
local
Location:
New York
City:
AMITYVILLE
Address:
1500 New Horizons Blvd.
Zip:
11701
Project Description:
Manufacturing; The acquisition of a leasehold interest and the renovation and reconstruction of two existing facilities (approximately 100,000 and 125,0000 square foot) to be used as commercial office space and manufacturing facilities for the design and manufacture of electromechanical systems and performance electronic assemblies for military and space applications. EDO LLC merged into its parent corporation Harris Corporation.
Year:
2019
Major Industry of Parent:
aerospace and military contracting
Specific Industry of Parent:
aerospace & military contracting
Subsidy Value:
$633,800
Program Name:
Industrial Development Agencies
Awarding Agency:
Babylon Industrial Development Agency
Type of Subsidy:
tax credit/rebate
Number of Jobs or Training Slots:
603
Wage Data:
$0
Wage Data Type:
yearly salary
Capital Investment:
$10,313,000
Notes:
Year is fiscal year. Subsidy value is total for the year of property tax abatements and sales tax exemptions less the net of payments in lieu of taxes. Jobs data is total current FTE. Wage data is estimated yearly salary created. See original source for further details on jobs and wage information. Description merges a general industry description with a project specific description as provided in the disclosure. Investment is total project cost.
Source Notes:
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