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Subsidy Tracker Individual Entry

Company: Standard Microsystems Corp. (SMSC)
Parent Company: Microchip Technology Inc.
Subsidy Source: local
Location: New York
City: Hauppauge
Address: 80 Arkay Drive
Zip: 11788
Project Description: Annual payroll $47,097,821. Average salary $102,164. 6 unfilled positions/vacancies (quality assurance engineer, lab mgr., accountant, senior test dev. engineer, etc.)
Year: 2009
Major Industry of Parent: electrical and electronic equipment
Specific Industry of Parent: semiconductors
Subsidy Value: $162,216
Program Name: Industrial Development Agencies
Awarding Agency: Suffolk County Industrial Development Agency
Type of Subsidy: tax credit/rebate; property tax abatement
Number of Jobs or Training Slots: 99
Capital Investment: $20,817,000
Source of Data: (click here)
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: If an online information source is not working, check the Tracker inventory page for an updated link.