IMPLEMENTATION LEVEL

Subnational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jul 2011 | Removal date: open ended
Still in force

Tax or social insurance relief

In 2011 state and local governments in New York provided an incentives package to Norampac Industries (a division of Canada's Cascades Inc.) for a packaging material manufacturing plant. The package included $60 million in brownfield tax credits; $5 million in Empire Zone tax credits; a $3.5 million state grant to improve energy efficiency at the plant; and low-cost hydropower from the New York Power Authority. The company also received assistance of unspecified amounts from the Niagara Falls Water Board and a 20-year PILOT agreement. 
 
The GTA includes state guarantees and other financial incentives thatare likely to affect the restructuring and performance of firms facinginternational competition, whether from imports, in export markets, andfrom foreign subsidiaries.
 
As no official source could be obtained, this measure is coded "amber".

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

364 Packaging products of plastics
3923 Articles for the conveyance or packing of goods, of plastics; stoppers, lids, caps and other closures, of plastics.
392310 Boxes, cases, crates and similar articles
392321 Of polymers of ethylene
392329 Of other plastics
392330 Carboys, bottles, flasks and similar articles
392340 Spools, cops, bobbins and similar supports
392350 Stoppers, lids, caps and other closures
392390 Other

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