MO: DED Awards $110,919 in Enhanced Enterprise Zone Tax Credits to Walsworth Publishing
22 Mar, 2011
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The Missouri Department of Economic Development (DED) has announced approval of state tax credits for a Marceline business under the Enhanced Enterprise Zone (EEZ) program to assist in the creation of new jobs and investment.
Walsworth Publishing Company, Inc., has been approved for $110,919 in EEZ tax credits over five years for the creation of 13 new jobs and new investment of $3.2 million for the expansion facility located at 803 S. Missouri, Marceline. The business operation at the project facility is a publishing facility.
The Enhanced Enterprise Zone program was implemented in 2004. Enhanced enterprise zones are specified geographic areas designated by local governments and certified by the Department of Economic Development. Zone designation is based on certain demographic criteria, the potential to create sustainable jobs in a targeted industry and a demonstrated impact on local cluster development.