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MegadealsSubsidy Tracker Individual Entry
Company: L3 Technologies, Inc. & Track Drive, LLC
Parent Company:
L3Harris Technologies
Subsidy Source: local
Location: New York
City: BINGHAMTON
Address: 147 Industrial Park Drive
Zip: 13904
Project Description: Services; L3 is planning to lease a new facility at 147 Industrial Park Drive to relocate their operations. They will be the sole tenant of this building and will work with the owner on building renovations, including the addition of 20,000 s/f of space, bringing the building total to 100000 sf. L3 has stated their desire to stay in the area and move into a state of the art free standing building.
Year: 2019
Major Industry of Parent: aerospace and military contracting
Specific Industry of Parent: aerospace & military contracting
Subsidy Value: $282,193
Program Name: Industrial Development Agencies
Awarding Agency: Broome Industrial Development Agency
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 105
Wage Data: $120,000
Wage Data Type: yearly salary
Capital Investment: $9,460,000
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.