New York State Subsidy Tracker
Tracking the State’s Growing Portfolio of Business Subsidies
Excelsior Jobs Program
Gave out $525.2M in subsidies.
Tax credits meant to encourage biotechnology, pharmaceutical, manufacturing and other industries to expand in and relocate facilities to New York State. More information.
Excelsior subsidy values reflect the maximum amount of subsidies the company can receive over 10 years. "Jobs Reported To Date" represents the total number of jobs created as of Sept. 30, 2016. All other tax exemption and tax credit programs show subsidy values and jobs reported in the period covered. Years represent when the company became eligible for the program.
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100 Largest Subsidies Issued By This Program
| Year | Time Period | Company | Jobs Promised Initially | Jobs Reported To Date | Value |
|---|---|---|---|---|---|
| 2011 | Total | MORGAN STANLEY & CO | 1764 | 673 | $52.0M |
| 2012 | Total | CORNING INC | 250 | 100 | $40.0M |
| 2012 | Total | FRESH DIRECT | 946 | 1336 | $18.9M |
| 2013 | Total | TIME WARNER INC | 0 | 0 | $14.0M |
| 2013 | Total | THE GAP INC | 1200 | 0 | $12.0M |
| 2013 | Total | DEALERTRACK INC | 357 | 79 | $10.5M |
| 2013 | Total | REGENERON PHARMACEUTICALS INC | 500 | 250 | $10.2M |
| 2013 | Total | MASTERCARD INCORPORATED INC | 392 | 0 | $10.0M |
| 2014 | Total | BAUSCH & LOMB INCORPORATED | 112 | 0 | $9.0M |
| 2011 | Total | ATLAS AIR INC | 50 | 164 | $8.5M |
| 2012 | Total | INGRAM MICRO INC | 249 | 0 | $7.7M |
| 2012 | Total | REGENERON PHARMACEUTICALS INC | 300 | 0 | $6.7M |
| 2012 | Total | ROCHE TCRC INC | 235 | 191 | $6.6M |
| Total | VICE MEDIA INC | 525 | 0 | $6.5M | |
| 2011 | Total | MEDIACOM COMMUNICATIONS CORPORATION | 140 | 151 | $6.5M |
| 2011 | Total | LINUO GROUP CO LTD | 596 | 0 | $6.0M |
| 2011 | Total | FIRST NIAGARA FINANCIAL GROUP | 500 | 1752 | $5.7M |
| 2013 | Total | L'OREAL USA INC | 145 | 0 | $5.5M |
| 2011 | Total | ACORDA THERAPEUTICS INC | 190 | 257 | $5.2M |
| 2014 | Total | SQUARE INC | 382 | 0 | $5.0M |
| 2014 | Total | ETSY INC | 340 | 151 | $5.0M |
| 2012 | Total | XEROX COMMERCIAL SOLUTIONS LLC | 500 | 1476 | $5.0M |
| 2014 | Total | AMAZON.COM INC | 500 | 0 | $5.0M |
| 2011 | Total | CHOBANI INC | 192 | 278 | $4.9M |
| Total | MULLER QUAKER DAIRY | 250 | 286 | $4.5M | |
| 2012 | Total | THE HAIN CELESTIAL GROUP | 122 | 15 | $4.5M |
| 2012 | Total | PEPSICO INC | 0 | 0 | $4.0M |
| 2014 | Total | BUZZFEED INC | 475 | 0 | $4.0M |
| 2013 | Total | UNITED NATURAL FOODS INC | 362 | 0 | $3.6M |
| 2012 | Total | CRYSTAL RUN HEALTHCARE | 200 | 168 | $3.2M |
| 2013 | Total | TIME WARNER INC | 152 | 0 | $3.1M |
| 2014 | Total | TIME INC | 0 | 0 | $3.0M |
| 2012 | Total | PHH MORTGAGE CORP | 400 | 0 | $3.0M |
| 2011 | Total | ORTHONET HOLDINGS INC | 155 | 0 | $3.0M |
| 2012 | Total | RICH PRODUCTS CORPORATION | 17 | 78 | $2.9M |
| 2012 | Total | SHIEL MEDICAL LABORATORY INC | 308 | 0 | $2.8M |
| 2012 | Total | MEDIDATA SOLUTIONS INC | 250 | 65 | $2.8M |
| 2011 | Total | P&L DEVELOPMENT | 150 | 0 | $2.7M |
| 2013 | Total | MCGRAWHILL GLOBAL EDUCATION LLC | 50 | 0 | $2.6M |
| 2013 | Total | E GLUCK CORPORATION | 80 | 0 | $2.5M |
| 2014 | Total | PAR PHARMACEUTICAL COMPANIES INC | 164 | 0 | $2.5M |
| 2014 | Total | C&S WHOLESALE GROCERS INC | 275 | 0 | $2.5M |
| 2011 | Total | OLEDWORKS | 101 | 54 | $2.5M |
| 2012 | Total | SCIEGEN PHARMACEUTICALS INC | 250 | 39 | $2.4M |
| 2012 | Total | RAYMOUR & FLANIGAN | 300 | 563 | $2.3M |
| 2012 | Total | FEDEX TRADE NETWORKS TRANSPORT AND BROKERAGE INC | 82 | 90 | $2.3M |
| 2013 | Total | FELIX SCHOELLER NORTH AMERICA INC | 25 | 93 | $2.3M |
| Total | JAND INC DBA WARBY PARKER | 145 | 0 | $2.2M | |
| 2013 | Total | CONTRACT PHARMACAL CORPORATION | 200 | 0 | $2.2M |
| 2014 | Total | DOOLLI INC | 225 | 0 | $2.1M |
| 2012 | Total | NORWICH PHARMACEUTICALS INC | 27 | 0 | $2.0M |
| Total | SHOREGROUP INC | 110 | 141 | $2.0M | |
| 2013 | Total | TIME WARNER INC | 95 | 0 | $2.0M |
| 2013 | Total | ADP TECHNOLOGY SERVICES INC | 110 | 168 | $2.0M |
| 2012 | Total | AMAZON.COM INC | 50 | 0 | $2.0M |
| 2012 | Total | WELDED TUBE | 121 | 0 | $2.0M |
| 2012 | Total | MAXIMUS FEDERAL SERVICES INC | 308 | 592 | $2.0M |
| 2011 | Total | LNK INTERNATIONAL INC | 135 | 1820 | $2.0M |
| 2013 | Total | YAHOO! INC | 115 | 0 | $2.0M |
| 2014 | Total | WHITEROCK PIGMENTS INC | 125 | 0 | $2.0M |
| 2012 | Total | FORD MOTOR COMPANY | 0 | 0 | $2.0M |
| 2012 | Total | PROTEIN SCIENCES CORP | 100 | 0 | $2.0M |
| 2013 | Total | NESTLE PURINA PETCARE COMPANY | 25 | 0 | $2.0M |
| 2011 | Total | C SPEED LLC | 225 | 0 | $2.0M |
| 2013 | Total | US NONWOVENS CORP | 120 | 0 | $2.0M |
| 2013 | Total | AGRANA FRUIT US INC | 120 | 117 | $2.0M |
| 2013 | Total | PERFUMANIA HOLDINGS INC | 160 | 0 | $2.0M |
| 2012 | Total | DIELECTRIC LABORATORIES INC | 60 | 0 | $1.9M |
| 2012 | Total | D'ADDARIO & COMPANY INC | 50 | 87 | $1.9M |
| Total | GENERAL MOTORS COMPONENTS HOLDINGS LLC | 0 | 0 | $1.8M | |
| 2013 | Total | FAIRWAY BAKERY LLC | 152 | 36 | $1.8M |
| 2011 | Total | INVAGEN PHARMACEUTICALS | 330 | 0 | $1.8M |
| 2011 | Total | FACTSET RESEARCH SYSTEMS INC | 119 | 59 | $1.6M |
| 2013 | Total | PRATT & WHITNEY | 100 | 0 | $1.6M |
| 2011 | Total | COOL LIFE SYSTEMS INC | 199 | 0 | $1.6M |
| 2012 | Total | STREAM NEW YORK INC | 300 | 171 | $1.5M |
| 2014 | Total | TWO ONE TWO NEW YORK INC | 271 | 0 | $1.5M |
| 2013 | Total | KEDRION BIOPHARMA INC | 30 | 0 | $1.5M |
| 2014 | Total | INFICON INC | 40 | 0 | $1.5M |
| 2013 | Total | SENECA MORTGAGE SERVICING LLC | 249 | 89 | $1.5M |
| 2012 | Total | CAYUGA MILK INGREDIENTS | 52 | 56 | $1.5M |
| 2012 | Total | UNITED BAKING CO | 58 | 0 | $1.5M |
| 2014 | Total | SPIRIT PHARMACEUTICALS LLC | 147 | 0 | $1.5M |
| 2013 | Total | XYLEM INC | 15 | 6 | $1.4M |
| 2012 | Total | UNIVERSAL PHOTONTICS | 30 | 0 | $1.3M |
| 2012 | Total | RAPID RESPONSE MONITORING SERVICES | 175 | 0 | $1.3M |
| 2011 | Total | IVEDIX INC | 58 | 0 | $1.3M |
| 2013 | Total | ONE TOUCH DIRECT NY INC | 271 | 0 | $1.3M |
| 2012 | Total | HEBELER CORPORATION | 55 | 0 | $1.3M |
| 2011 | Total | LECROY CORPORATION | 244 | 0 | $1.3M |
| 2014 | Total | COSMOLEDO LLC | 164 | 0 | $1.3M |
| 2014 | Total | FERGUSON ENTERPRISES INC | 95 | 0 | $1.2M |
| 2012 | Total | HEALTHPLEX INC | 180 | 299 | $1.2M |
| 2014 | Total | AL ENERGY SOLUTIONS LED LLC | 138 | 0 | $1.1M |
| 2012 | Total | IMMCO DIAGNOSTICS | 63 | 0 | $1.1M |
| 2013 | Total | BUFFALO WIRE WORKS CO INC | 50 | 0 | $1.0M |
| 2013 | Total | JOHN MEZZALINGUA ASSOCIATES LLC | 30 | 0 | $1.0M |
| 2011 | Total | IVOCLAR VIVADENT INC | 33 | 22 | $1.0M |
| 2011 | Total | CONTRACT PACKAGING SERVICES INC | 105 | 187 | $1.0M |
| 2012 | Total | CURRIER PLASTICS INC | 50 | 64 | $1.0M |
Source: Data on subsidies from the Excelsior Jobs Program, Industrial Development Agencies and Local Development Corporations are sourced from New York’s open data portal. IDA data accessed on July 21, 2016. LDC data accessed on Feb. 21, 2017. All other program data sourced from agency reports and Freedom of Information requests to Empire State Development, the state’s economic development arm, and other state agencies. Download the raw program data in the ProPublica Data Store.
Methodology: Read our methodology for collecting the data.
Notes:
Except where otherwise noted, data is for subsidies granted or given out between 2011 and 2014 under the above-named programs. While these programs comprise a significant cross-section of the state’s growing portfolio of economic development programs, they don’t include every subsidy dollar.
Subsidies tracked include grants, tax breaks, low-cost leases and discounted power allocations given out under each program; loans and bond issues are excluded from the data because they have to be repaid.
The number of corporate subsidiaries reflects only the subsidiaries we were able to verify though our research. Companies may have more connections with other companies not listed in the data.
IDA and LDC subsidies are given out by local entities; all other programs are administered by New York State.