Jennmar to Expand Sudbury Operations
Jennmar will receive tax relief worth almost $1 million under the Community Improvement Plan program, enabling the company to expand its local footprint and relocate jobs from the United States to Greater Sudbury.
- The city will contribute nearly $1 million to Jennmar.
- The tax relief is part of the Employment Lands Community Improvement Plan (CIP).
- The Tax Increment Equivalent Grant (TIEG) is $184,915 per year for a period of five years, for a maximum approved grant of $924,577.
The Tax Increment Equivalent Grant (TIEG) is $184,915 per year for a period of five years, for a maximum approved grant of $924,577.
Author's summary: Jennmar expands Sudbury operations with city tax relief.
More News
- Middlesbrough 1-0 Ipswich Town - Half-Time - Ipswich Town News
- The Hidden History Behind That Scarab Necklace in the New Frankenstein Movie
- Wicked: The Experience is coming to Universal Studios this Halloween
- Two hurt in head-on crash on Route 7
- Lib Dems sweep through Surrey by-elections
- Salesforce fallout: Benioff under fire for ICE outreach as billionaire investor leaves foundation
- Two Boat Strike Survivors Become First Known Prisoners in Trump’s War on “Narcoterrorists”
- Global Shipping Emissions Deal Sinks After Last-Minute Collapse | OilPrice.com
- Patriots' Trust in TreVeyon Henderson Cemented by Reported Trade Deadline Plans
- Storm Leaves Nine Boats at the Bottom of Milwaukee’s Rivers