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Subsidy Tracker Individual Entry

Company: Special Metals Corporation
Parent Company: Berkshire Hathaway
Subsidy Source: local
Location: New York
City: NEW HARTFORD
Address: 4317 Middle Settlement Rd.
Zip: 13413
Project Description: Manufacturing; Sales and use tax and MRT exemptions. Fixed annual PILOT pyt of $150k for the years start 3-1-2018. Retain the existing 323 FTEs for the full lease term and create 2 FTEs at the Facility by year 3 and maintain for the balance of the lease term.
Year: 2019
Major Industry of Parent: diversified
Specific Industry of Parent: diversified
Subsidy Value: $438,145
Program Name: Industrial Development Agencies
Awarding Agency: Oneida County Industrial Development Agency
Type of Subsidy: Tax Credit/Rebate
Number of Jobs or Training Slots: 353
Wage Data: $62,482
Wage Data Type: yearly salary
Capital Investment: $17,938,500
Source of Data: (click here)
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: If an online information source is not working, check the Tracker inventory page for an updated link.