Jennmar to Expand Sudbury Operations
The city will contribute nearly $1 million to Jennmar, enabling the industrial outfit to expand its local footprint and relocate jobs from the United States to Greater Sudbury.
Under the Community Improvement Plan program, Jennmar will receive tax relief worth almost $1 million.
- The Tax Increment Equivalent Grant (TIEG) is $184,915 per year for a period of five years.
- The maximum approved grant is $924,577.
The Tax Increment Equivalent Grant (TIEG) is $184,915 per year for a period of five years, for a maximum approved grant of $924,577.
Author's summary: Jennmar expands Sudbury operations with city aid.
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