or login to your SBJ.net account
Forgot your password or username?
Search only accepts letters and numbers.
John Deere plans Springfield expansion with tax credits
Wednesday, March 24, 2010 5:56 AM
John Deere Shared Services is planning an $11.5 million expansion at its Springfield facility, due in part to a five-year state tax credit.
The company was approved to receive more than $341,000 in Enhanced Enterprise Zone tax credits during a five-year period, for expansion of its Springfield factory, 4500 E. Mustard Way in the Partnership Industrial Center. The expansion will create 75 jobs, according to a Missouri Department of Economic Development news release.
John Deere is the latest in a string of Springfield-area companies receiving EEZ credits. Boyd Aluminum Manufacturing Co. in Springfield, Kraft Food Inc.'s Springfield operations and Service Vending Co. in Aurora
have all been approved for EEZ money
since February, and Webster County
added its own Enhanced Enterprise Zone
in an effort to lure businesses.
The EEZ program, started in 2004, specifies geographic areas for development based on demographic criteria and the potential for sustainable jobs in a targeted industry, according to the release.
Please fill out the form below to submit a comment. Your comments may be used in Springfield Business Journal’s print editions, along with your username and/or registered name.
Message is a required field.
Captcha entry is not valid, please try again.
A comment must be approved by our staff before it will displayed on the website.
SEARCH SPONSORED BY
Trump reverses Obama's mortgage fee cuts
Suit to claim Trump is violating Constitution
President issues executive order targeting ACA
White House press secretary attacks media
Springfield to get first HomeGoods store
Sierra Nevada recalls bottled beer due to hazard
40 employers seek nearly 500 workers at job fair
City makes interim finance director permanent
Patriots to meet Falcons in Super Bowl
Update: McFatridge on why he left Bear State
Opinion/Letters to the Editor
© 2017 Springfield Business Journal, Springfield, Missouri. All Rights Reserved. To contact SBJ, call (417) 831-3238.