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Tag Archives: Tax Reimbursement Incentive

Idaho’s biggest incentive program creates jobs (access required)

At the end of June, Idaho’s Tax Reimbursement Incentive (TRI) program, intended to help encourage more companies to come to and expand in Idaho, will be completing its fourth year, and it remains one of the Idaho Department of Commerce’s ...

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McCain Foods gets maximum tax incentive for $200 million Burley expansion

McCain Foods USA will receive Idaho’s maximum state Tax Reimbursement Incentive for a proposed $200 million expansion of its frozen French fries production facility in Burley that will add about 180 new jobs. McCain is only the second company to ...

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California food equipment manufacturer eyes Caldwell to relocate company (access required)

Hayward, Calif.-based American Food Equipment Co. food processing equipment manufacturer may ultimately relocate entirely to Caldwell, a company representative said. Meanwhile, the food processing equipment manufacturer is building a second plant on 10 acres at the Sky Ranch Business Center ...

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Threshold for business property tax breaks could drop further (access required)

The Idaho Department of Commerce wants to lower the floor for property tax exemptions for business expansion projects. The current $3 million requirement for capital investment would be dropped to $500,000 under a plan the Commerce introduced in the House ...

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Commerce could get another $3 million to close big deals (access required)

The Idaho Department of Commerce could get a fresh infusion of $3 million in 2015 for the Idaho Opportunity Fund, a special deal-closing fund that lets Commerce Director Jeff Sayer award money for infrastructure projects to companies that expand in ...

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Amy’s Kitchen to buy former Heinz plant in Pocatello (access required)

Convenience food maker Amy’s Kitchen is buying a former H.J. Heinz plant in Pocatello and plans to hire 200 full-time workers when it opens in December. Amy’s, which makes organic and non-GMO convenience food, announced Oct. 29 it would purchase ...

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