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MegadealsSubsidy Tracker Individual Entry
Company: Welded Tube
Parent Company:
Subsidy Source: local
Location: New York
City: LACKAWANNA
Address: 1951 Hamburg Turnpike
Zip: 14218
Project Description: Manufacturing; The company is purchasing land in the Tecumseh Business Park and constructing a new high speed, steel tube production facility. The facility will consist of a 100,000/ SF manufacturing facility, a 30,000/ SF testing facility, and a 30,000/ SF pipe threading and coupling facility. The project investment will occur in 3 phases.
Year: 2019
Subsidy Value: $646,795
Program Name: Industrial Development Agencies
Awarding Agency: Erie County Industrial Development Agency
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 88
Wage Data: $40,000
Wage Data Type: yearly salary
Capital Investment: $49,778,000
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.
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