Subsidy Tracker Individual Entry

Company: 
Solvay Paperboard
Parent Company: 
WestRock
Subsidy Source: 
local
Location: 
New York
City: 
Syracuse
Address: 
53 Industrial Drive
Zip: 
13204
Project Description: 

Issue bonds in support of a expansion of existing paperboard plant. Expansion includes construction of approximately 150,000 sq. ft. of floor space, acquisition and installation of a third paper machine and related stock preparation systems. Tax abatement and employment numbers reported with Solvay Paperboard project # 31019205A.

Year: 
2009
Major Industry of Parent: 
paper and packaging
Specific Industry of Parent: 
packaging
Subsidy Value: 
$6,565
Program Name: 
Industrial Development Agencies
Awarding Agency: 
Onondaga County Industrial Development Agency
Type of Subsidy: 
tax credit/rebate; property tax abatement
Number of Jobs or Training Slots: 
80
Capital Investment: 
$100,000,000
Notes: 

Subsidy value is total for the year of property tax abatements and sales tax exemptions net of payments in lieu of taxes. Jobs number is total of estimated created and estimated retained (including construction jobs).

Source Notes: 
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