OAK CREEK — Premium dog food company Stella & Chewy’s LLC is planning a $67.7 million project that will expand its facility in Oak Creek and is expected to create 245 jobs during the next three years.
The Wisconsin Economic Development Corporation has authorized up to $2 million in state income tax credits over the next three years to support the expansion.
The actual amount of tax credits Stella & Chewy’s will receive is contingent upon the number of jobs created, according to Wednesday’s announcement...
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Oak Creek`s Stella & Chewy`s To Get Tax Credits For Expansion
...moreKen Notes: WEDC is in at about 8K per job. I like this number and it is in tax credits not up front investment which I also like, no jobs no credits.
I still wish we had a global policy for every new job at an established pay and benefits level. As it stands, we give select new and expanding companies credits, but others offering the same jobs and benefits get nothing. In my thinking a new job is a new job regardless if it is one or one hundred...
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- - Volume: 9 - WEEK: 10 Date: 3/4/2021 10:07:26 AM -