Subsidy Tracker Individual Entry

Company: 
NYSEG Sales Tax Abatement PRrject
Parent Company: 
Iberdrola
Subsidy Source: 
local
Location: 
New York
City: 
New Berlin
Address: 
669 State Hwy 25
Zip: 
13411
Project Description: 

The NYSEG Sales Tax Abatement project was conducted to benefit AgroFarma, Inc.'s (n.k.a Chobani, Inc.) expansion project and their increasing need for more energy, as well as to provide more reliable electric service to the local community. The project will be bench marked on Chobani's job creation and performance, since NYSEG does not project direct long term job creation as result of the project. Jobs created were reported in the AgroFarma, Inc. Phase III report in order to prevent duplication of job figures.

Year: 
2012
Major Industry of Parent: 
utilities and power generation
Specific Industry of Parent: 
utilities
Subsidy Value: 
$224,464
Program Name: 
Industrial Development Agencies
Awarding Agency: 
Chenango Industrial Development Agency
Type of Subsidy: 
tax credit/rebate; property tax abatement
Number of Jobs or Training Slots: 
created: 0; retained: 0
Wage Data: 
salary created: 32000; salary retained: 36000
Wage Data Type: 
estimated salary
Notes: 

Subsidy value is total for the year of property tax abatements and sales tax exemptions net of payments in lieu of taxes. Jobs and wages are estimates.

Source Notes: 
If an online information source is not working, check the Tracker inventory page for an updated link.