Published by editor on Wed, 08/05/2020 - 10:18am
At the meeting of the Wright County Board of Supervisors on Monday, Chairman Dean Kluss read a letter from Prestage Foods. The letter pertained to the full-time equivalent employment agreement made between Prestage and the county in their developer agreement. In the agreement, Prestage committed to having 922 full-time equivalent jobs. If they reach this threshold, they will get a 32% tax rebate off their annual property tax of $2.5 million. However, the company noted in the letter, that as of last week, they only have 780 full-time jobs at the plant.
PLEASE LOG IN FOR PREMIUM CONTENT Our website requires visitors to
log in to view the best local news. Not yet a subscriber?
Subscribe today!