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MegadealsSubsidy Tracker Individual Entry
Company: Enzo Biochem, Inc.
Parent Company:
Enzo Biochem, Inc.
Subsidy Source: local
Location: New York
City: FARMINGDALE
Address: 10, 21, and 60 Executive Boulevard
Zip: 11735
Project Description: Manufacturing; The acquisition, renovation and equipping of an approximately 35,800 square feet building; and the renovation and equipping of two other existing buildings containing approximately 22,000 square feet and 44,000 square feet respectively; all for use as an integrated campus facility for manufacturing, research and development, and distribution center in the business of manufacturing of clinical products and providing laboratory services to physicians globally. 2018-2019 taxes Paid to the Town. PILOT begins 2019-2020.
Year: 2019
Major Industry of Parent: healthcare services
Specific Industry of Parent: integrated diagnostics
Subsidy Value: $20,387
Program Name: Industrial Development Agencies
Awarding Agency: Babylon Industrial Development Agency
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 355
Wage Data: $57,500
Wage Data Type: yearly salary
Capital Investment: $13,500,000
Source of Data:
(click here)
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: If an online information source is not working, check the Tracker
inventory page for an updated link.