ANNOUNCEMENT 15 Feb 2018

Tax-exempt industrial development bonds for qualified manufacturing operations can be loaned to eligible companies to acquire land, buildings, or equipment.

 

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 15 Feb 2018 | Removal date: open ended

State loan

On February 15, 2018 the St. Lawrence County Industrial Development Agency issued taxable industrial development revenue bonds for the Soyway Mechanical Crush Project Series 2018. The principal value at issuance was $31,095,000. Tax-exempt industrial development bonds are typically issued and loaned to eligible companies to acquire land, buildings, or equipment. This recipient produces power powders.

AFFECTED SECTORS

 

AFFECTED PRODUCTS