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MegadealsSubsidy Tracker Individual Entry
Company: World Casing Corp.
Parent Company:
Subsidy Source: local
Location: New York
City: Maspeth
Address: 47-06 Grand Ave
Zip: 11378
Project Description: (a) the acquisition of certain premises located at 47-06 (alk/a 4704-10) Grand Avenue and 4681 Metropolitan Avenue, Maspeth, New York 11378 (the Facility Realty), (b) improving, equipping, renovating and reconstructing an approximately 23,250 square foot manufacturing facility (c) the acquisition of machinery and equipment related thereto, all for use in the manufacture and distribution of sausage casings (the Project) located thereon (said manufacturing facility, together with the Facility Realty, the Facility), and in furtherance of said purpose, on July 13, 1999, the Agency adopted a resolution (the Authorizing Resolution) authorizing the Project, and undertaking to permit the issuance of its industrial development revenue bonds to finance such Project and thereupon to lease the Facility to the Lessee for sublease to Sublessee.;
Year: 2009
Subsidy Value: $26,985
Program Name: Industrial Development Agencies
Awarding Agency: New York City Industrial Development Agency
Type of Subsidy: tax credit/rebate; property tax abatement
Capital Investment: $2,245,000
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.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.