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Subsidy Tracker Individual Entry

Company: Logistical Systems
Parent Company: 
Subsidy Source: local
Location: Tennessee
City: Memphis
Address: 3204 Jean Drive
Project Description: add new jobs and invest in facility
Year: 2012
Subsidy Value: $206,640
Program Name: Memphis PILOT
Awarding Agency: Economic Development Growth Engine
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 14
Wage Data: $90,000
Wage Data Type: salary
Capital Investment: $2,000,000
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 9 year period. Year is year credit approved. Jobs figure is 14 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.