Subsidy Tracker Individual Entry

Company: 
Lufkin Industries, Inc.
Parent Company: 
General Electric
Subsidy Source: 
local
Location: 
New York
City: 
WELLSVILLE
Address: 
2475 Tarantine Road
Zip: 
14895
Project Description: 

Manufacturing; Assessor put exemption on tax rolls, so currently being taxed on land only with taxes being paid to local tax collector and municipalities. In 2018, when they start paying on improvements, the PILOT billing will go through County Treasurer's Office.

Year: 
2016
Major Industry of Parent: 
diversified
Specific Industry of Parent: 
diversified
Subsidy Value: 
$91,492
Program Name: 
Industrial Development Agencies
Awarding Agency: 
Allegany Industrial Development Agency
Type of Subsidy: 
tax credit/rebate
Notes: 

Subsidy value is total for the year of property tax abatements and sales tax exemptions 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: 
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