MO: Vianney Industries Expanding in Kansas City
21 Jun, 2011
DED awards $183,795 in Enhanced Enterprise Zone tax credits to Vianney Industries, Inc. for the creation of 54 new jobs
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The Missouri Department of Economic Development (DED) has announced approval of state tax credits for a Kansas City business under the Enhanced Enterprise Zone (EEZ) Program to assist in the creation of 54 new jobs and new investment of $2.6 million.
Vianney Industries, Inc., doing business as Midland Metals, has been approved for $183,795 in EEZ tax credits over five years for a replacement facility located at 3122 Gillham Plaza, Kansas City.
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.