Subsidy Tracker Individual Entry
Company:
Maines - Maple Drive Expansion Project
Parent Company:
Maines Paper & Food Service
Subsidy Source:
local
Location:
New York
City:
CONKLIN
Address:
215 Broome Corporate Parkway
Zip:
13748
Project Description:
In October 2011, the Agency approved a Sale Leaseback and PaymentinLieuOfTax Agreement with Maines Paper & Food Service, Inc., to expand their distribution center by 19,950 square feet for a major customer, Darden Restaurants, Inc. The expansion is comprised of dry and cool warehouse space and will result in the creation of 40 new full time employees. The Agency closed on the project in December 2011. All tax exemptions, pilot payments will be entered under Project 03010603A.
Year:
2017
Major Industry of Parent:
restaurants and foodservice
Specific Industry of Parent:
foodservice
Subsidy Value:
$32,473
Program Name:
Industrial Development Agencies
Awarding Agency:
Broome Industrial Development Agency
Type of Subsidy:
tax credit/rebate
Capital Investment:
$4,800,000
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:
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