City of Janesville Strikes a Deal with Seneca Foods



The City of Janesville competes with Idaho for 25 new jobs.

Seneca Foods Corporation is proposing an 80,000 square foot addition to their facility on East Conde Street which would allow for five new processing and packaging lines.

After holding a public hearing, Monday night, the Janesville City Council approved a TIF agreement with Seneca.

According to the agreement, the City must provide a tax incentive of $300,000, plus build a new water treatment facility on East Conde Street at a cost of a little over three million dollars.

In return Seneca Foods will construct the addition, increase their property value by 30 percent, create, and maintain 25 new jobs in the next ten years, as well as purchase all of the methane created by the new water treatment facility.

 

Seneca had also considered it's facility in Payette, Idaho for the expansion of it's new food packaging lines.
 


Filed Under :  
Locations : IdahoJanesvillePayette
Search