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MegadealsSubsidy Tracker Individual Entry
Company: Wipe-Tex International Corp.
Parent Company:
Subsidy Source: local
Location: New York
City: BRONX
Address: 656 Gerard Avenue
Zip: 10451
Project Description: Wholesale Trade; The project will consist of the acquisition and renovation by the Agency of two manufacturing facilities in Bronx, New York (collectively, the 'Facility Realty'),consisting of the acquisition of a 63,000 square foot building and related parcel of real property located at 110 E. 153rd Street, Bronx, New York, and the acquisition of a 13,000 square foot building and related parcel of real property located at 656 Gerard Avenue, Bronx, New York, the renovation of such buildings, all for the manufacturing and distribution of industrial wiping cloths and rags.
Year: 2019
Subsidy Value: $180,996
Program Name: Industrial Development Agencies
Awarding Agency: New York City Industrial Development Agency
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 36
Wage Data: $0
Wage Data Type: yearly salary
Capital Investment: $0
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
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