Buisness Facilities Contributed Content

AUGUST 15, 2013

a regional non-profit economic development organization. The Golden Guernsey plant was shuttered this past January following a bankruptcy filing, leaving 112 employees without jobs. The company will build a new 240,000-square-foot building including a new storage and retrieval system for inventory and movement of raw materials.

Wisconsin 49

Wisconsin Products Green Organization 49

Buisness Facilities Contributed Content

APRIL 15, 2014

Inventory is exempt from property tax. The incentive is available for non-retail businesses engaged in commerce for profit that fall into certain categories. In addition, the non-profit organization must receive 75% of its income from out-of-state sources. Bond proceeds cannot be used for working capital or inventory.

Income 108

Income Finance Zoning Employment 108

Buisness Facilities Contributed Content

MARCH 21, 2014

Loan proceeds are to be used for working capital, inventory, equipment purchase, and real property improvements but cannot be used for refinancing of existing debt or outstanding debt payments. In addition, the non-profit organization must receive 75 percent of its income from out-of-state sources. The program ends December 2016.

Income 75

Income Finance Zoning Equipment 75