US food company Conagra Brands, owner of frozen vegetables brand Birds Eye, is expanding operations at its facility in Beaver Dam, Wisconsin. The project expected to create about 140 full-time jobs over the next five years.Conagra Brands plans to invest approximately $78 million to modernize and expand the current 350,000-ft2 cold storage and vegetable packaging facility on Green Valley Road, which supports the Birds Eye frozen vegetables operation. The Birds Eye operations are supported by almost 800 employees at both the Beaver Dam and Darien plants in Wisconsin.
Wisconsin Economic Development Corporation is supporting the expansion by authorizing up to $750,000 in state income tax credits over the next five years as an incentive.
See Also:
...moreKen Notes: This is only $7,500 per new job. I am still trying to figure out the magic WEDC formula. Again, I propose a uniform state tax incentive program available to all growing or new companies - Just a thought...
Share this article on you social outlets
Our Sponsors
- - Volume: 7 - WEEK: 8 Date: 2/21/2019 8:52:40 AM -