Subsidy Tracker Individual Entry

Company: 
Thomas & Betts Corp.
Parent Company: 
ABB Ltd.
Subsidy Source: 
local
Location: 
New York
City: 
Horseheads
Address: 
224 N. Main St., Bldg. K
Zip: 
14845
Year: 
2007
Major Industry of Parent: 
utilities and power generation
Specific Industry of Parent: 
power systems
Subsidy Value: 
$119,617
Program Name: 
Industrial Development Agencies
Awarding Agency: 
Chemung Industrial Development Agency
Type of Subsidy: 
tax credit/rebate; property tax abatement
Number of Jobs or Training Slots: 
1,000
Capital Investment: 
$40,000,000
Source of Data: 

unpublished data obtained by New York Jobs with Justice (now ALIGN: The Alliance for a Greater New York) from the New York State Comptroller's Office and the New York State Authorities Budget Office.

Notes: 

Subsidy value is total for the year of property tax abatements and sales tax exemptions net of payments in lieu of taxes. Jobs figure is sum of original estimates of the number of jobs to be created and retained. The Investment Data figure is the total value of the project.

Source Notes: 
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