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Subsidy Tracker Individual Entry

Company: LEDIC Management Group LLC
Parent Company: 
Subsidy Source: local
Location: Tennessee
City: Memphis
County: Shelby
Address: 555 South Perkins Road
Project Description: add jobs to facility and invest in new facility
Year: 2015
Subsidy Value: $184,984
Program Name: Memphis PILOT
Awarding Agency: Economic Development Growth Engine
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 70
Wage Data: $42,491
Wage Data Type: salary
Capital Investment: $12,129,020
Source of Data: (click here)
Notes: Subsidy value is projected loss in property taxes collected that would have been collected by the city. PILOT is for 5 year period. Year is year credit approved. Jobs figure is 70 created jobs. Wage figure is projected average salary.
Source Notes: If an online information source is not working, check the Tracker inventory page for an updated link.