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MegadealsSubsidy Tracker Individual Entry
Company: IBM - Smart Building Technology
Parent Company:
IBM Corp.
Subsidy Source: local
Location: New York
City: POUGHKEEPSIE
Address: 2455 South Road
Zip: 12601
Project Description: Other Categories; Benefited Project Amount equals $50,000,000. Employments figures for this site was recorded in Project #13021301 which was terminated in 2018. Employment figures are now recorded in this project as this project is still active.
Year: 2019
Major Industry of Parent: information technology
Specific Industry of Parent: information technology
Subsidy Value: $2,563,370
Program Name: Industrial Development Agencies
Awarding Agency: Dutchess County Industrial Development Agency
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 3,414
Wage Data: $0
Wage Data Type: yearly salary
Capital Investment: $50,000,000
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.