Subsidy Tracker Individual Entry

Company: 
Fortitech
Parent Company: 
Royal DSM
Subsidy Source: 
local
Location: 
New York
City: 
Schenectady
Address: 
2105 Technology Drive
Zip: 
12308
Year: 
2007
Major Industry of Parent: 
chemicals
Specific Industry of Parent: 
chemicals
Subsidy Value: 
$74,981
Program Name: 
Industrial Development Agencies
Awarding Agency: 
City of Schenectady Industrial Development Agency
Type of Subsidy: 
tax credit/rebate; property tax abatement
Number of Jobs or Training Slots: 
60
Capital Investment: 
$4,139,000
Source of Data: 

unpublished data obtained by New York Jobs with Justice (now ALIGN: The Alliance for a Greater New York) from the New York State Comptroller's Office and the New York State Authorities Budget Office.

Notes: 

Subsidy value is total for the year of property tax abatements and sales tax exemptions net of payments in lieu of taxes. Jobs figure is sum of original estimates of the number of jobs to be created and retained. The Investment Data figure is the total value of the project.

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