Economic Development Futures Journal

Thursday, April 14, 2005

counter statistics

Nestle's Gets a Deal in Illinois

The State of Illinois will give Nestle USA $3.9 million in tax credits and other incentives to expand a plant near Chicago so it can absorb some production from three candy factories the company is closing in St. Louis.

Meanwhile, Missouri has promised to help the 383 Nestle employees who'll lose their jobs when the candy plants here close. A spokesman for the Missouri Department of Economic Development said Tuesday that it's too soon to determine the cost of that aid, part of a federal-state program for workers who lose their jobs.

More here.

0 Comments:

Post a Comment

<< Home