City moves ahead with quarter-million dollars in incentives for manufacturing jobs - Jacksonville Business Journal

  • 📰 JaxBizJournal
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

City moves ahead with $250,000 in incentives for manufacturing jobs

The city is moving ahead with a quarter of a million dollars in incentives for two projects in Northwest Jacksonville that are looking to create a combined 125 jobs.

In return, the city would provide a $200,000 grant from the Northwest Jacksonville Economic Development Fund. The fund is dedicated to creating jobs in a large chunk of Duval County that lies in a triangle stretching north from downtown to the county border and west from downtown along I-10 to Baldwin.

Project Fender was originally introduced a year ago, with the city looking to provide a $250,000 grant and the company planning to invest $7.4 million to build a facility. The project was scaled back when the company went from building to renovating.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 599. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines