Subsidy Tracker Individual Entry

Company: 
Nichols Distribution 2
Parent Company: 
Best Buy
Subsidy Source: 
local
Location: 
New York
City: 
NICHOLS
Address: 
55 Berry Road
Zip: 
13812
Project Description: 

Other Categories; Sales tax exemption for automatic retrieval system (sorting technology upgrade for distribution center). *Employment was retained however no additional jobs were created.

Year: 
2019
Major Industry of Parent: 
retailing
Specific Industry of Parent: 
retail-consumer electronics
Subsidy Value: 
$399,227
Program Name: 
Industrial Development Agencies
Awarding Agency: 
Tioga County Industrial Development Agency
Type of Subsidy: 
tax credit/rebate
Number of Jobs or Training Slots: 
0
Wage Data: 
$0
Wage Data Type: 
yearly salary
Capital Investment: 
$16,875,719
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: 
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