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MegadealsSubsidy Tracker Individual Entry
Company: Regeneron Pharmaceuticals
Parent Company:
Regeneron Pharmaceuticals
Subsidy Source: multiple
Location: New York
City: Tarrytown
County: Westchester
Project Description: expansion of a research and office complex
Year: 2021
Major Industry of Parent: pharmaceuticals
Specific Industry of Parent: pharmaceuticals
Subsidy Value: $107,700,000
Program Name: multiple
Awarding Agency: multiple
Type of Subsidy:
MEGADEAL
Number of Jobs or Training Slots: 1,000
Capital Investment: $1,800,000,000
Source of Data: State subsidies: Liz Young, "Regeneron plans $1.8 billion expansion of Westchester County campus," New York Business Journal, July 15, 2021;
(click here). Local subsidies are taken from: Westchester County Industrial Development Agency meeting minutes, August 26, 2021:
(click here)
Notes: In 2021 the company announced expansion of its existing research, manufacturing, and office operations in Westchester County. In exchange, the state approved up to $100 million from the Excelsior Jobs Program. Westchester County IDA approved $7.7 million in sales tax exemptions on construction materials. Overlaps with main data: none.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.