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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 $38,705,836. Average salary $121,335. 2 unfilled positions/vacancies (finance dept.)
Year: 2011
Major Industry of Parent: electrical and electronic equipment
Specific Industry of Parent: semiconductors
Subsidy Value: $133,778
Program Name: Industrial Development Agencies
Awarding Agency: Suffolk County Industrial Development Agency
Type of Subsidy: tax credit/rebate; property tax abatement
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.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.
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