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
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.