Midwest Paper Group was awarded $1.8M in tax credits when it reopened. Ultimately, the mill didn`t get the full amount.


Midwest Paper Group was awarded $1.8M in tax credits when it reopened. Ultimately, the mill didn`t get the full amount.


COMBINED LOCKS - When the former Appleton Coated paper mill came back to life in 2018, the Wisconsin Economic Development Corporation announced it would award up to $1.8 million in state income tax credits to support the Combined Locks facility.

In order to receive the full amount, Midwest Paper Group needed to create 321 jobs by 2020 and maintain those positions through at least 2022. At the time, it also committed to investing at least $30 million in the more-than-century-old paper mill....
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Ken Notes: So it seems the systems is working as planned. Jobs = credits, No jobs no credits...

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- - Volume: 11 - WEEK: 21 Date: 5/25/2023 11:34:22 AM -