Subsidy Tracker Individual Entry

Company: 
Forest Laboratories, Inc.
Parent Company: 
AbbVie
Subsidy Source: 
local
Location: 
New York
City: 
Commack
Address: 
500 Commack Road
Zip: 
11725
Project Description: 

Annual payroll $13,460,514. Average salary $94,792. Project not completed yet, started in 2012.

Year: 
2012
Major Industry of Parent: 
pharmaceuticals
Specific Industry of Parent: 
pharmaceuticals
Subsidy Value: 
$30,451
Program Name: 
Industrial Development Agencies
Awarding Agency: 
Suffolk County Industrial Development Agency
Type of Subsidy: 
tax credit/rebate; property tax abatement
Number of Jobs or Training Slots: 
created: 336; retained: 124
Wage Data: 
salary created: 60000; salary retained: 80000
Wage Data Type: 
estimated salary
Notes: 

Subsidy value is total for the year of property tax abatements and sales tax exemptions net of payments in lieu of taxes. Jobs and wages are estimates.

Source Notes: 
If an online information source is not working, check the Tracker inventory page for an updated link.