Subsidy Tracker Individual Entry

Company: 
Evergreen Packaging, Inc.
Parent Company: 
Rank Group
Subsidy Source: 
local
Location: 
Tennessee
City: 
Memphis
Address: 
5350 Poplar Avenue
Project Description: 

add jobs and make investment to renovate building they occupy

Year: 
2016
Major Industry of Parent: 
diversified
Specific Industry of Parent: 
diversified
Subsidy Value: 
$657,248
Program Name: 
Shelby County PILOT Agreements
Awarding Agency: 
Economic Development Growth Engine
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
173
Wage Data: 
$176,283
Wage Data Type: 
salary
Capital Investment: 
$3,823,800
Notes: 

Subsidy value is projected loss in property taxes collected that would have been collected by the county. PILOT is for 15 year period. Year is year credit approved. Jobs figure is 70 created and 103 retained jobs. Wage figure is projected average salary for new jobs.

Source Notes: 
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