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MegadealsSubsidy Tracker Individual Entry
Company: GLAXOSMITHKLINE & Stiefel Laboratories Inc.
Parent Company:
GlaxoSmithKline
Subsidy Source: local
Location: New York
City: EAST DURHAM
Address: 3169 Route 145
Zip: 12423
Project Description: Manufacturing / retain jobs in community Estimated benefit over a 20 year PILOT = $8,523,387 Estimated taxes at 100% = $14,893,236 Estimated PILOT payments = $6,369,849
Year: 2017
Major Industry of Parent: pharmaceuticals
Specific Industry of Parent: pharmaceuticals
Subsidy Value: $540,625
Program Name: Industrial Development Agencies
Awarding Agency: Greene County Industrial Development Agency
Type of Subsidy: tax credit/rebate
Capital Investment: $18,000,000
Source of Data:
(click here)
Notes: Subsidy value is total for the year of property tax abatements and sales tax exemptions less the net of payments in lieu of taxes. See original source for jobs and wage information. Description merges a general industry description with a project specific description as provided in the disclosure.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.