Springfield City Council considers tax relief for Smith & Wesson in exchange for jobs, investment | masslive.com - masslive.com -Western Massachusetts Economic Development Council

Springfield City Council considers tax relief for Smith & Wesson in exchange for jobs, investment | masslive.com

masslive.com Jan 10 2011 Manufacturing

SPRINGFIELD – The City Council will consider approving a five-year, special tax incentive agreement with Smith & Wesson that could save the company up to $600,000 in exchange for the company’s guarantees to add 225 manufacturing jobs and invest millions of dollars into its plant.
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1. Industry Clusters:
  Aerospace/Defense, Business Development, Creative Economy, Education, Energy, Entrepreneurship, Financial Services, Green Region, Health Care, Information Technology, Life Sciences, Logistics, Manufacturing, Medical Devices, Paper Manufacturing, Plastics, Retail, Tourism, Transportation, Workforce
Quotes
1. Smith & Wesson is a great employer, making an investment in the city, both in capital and in new jobs.
Topics Mentioned
Authors
- Peter Goonan, The Republican