Doug Barrett | Sep 19, 2017 AT 7:55 am
The J-R Simplot plant is one step closer to a 54-million dollar expansion at its plant on Gateway Drive. The Grand Forks council approved a tax incentive plan that will save the company upwards of three million dollars over ten years. Instead of a five year full tax exemption on the new construction - followed by a declining exemption in years six through ten - the council opted for an 80-percent tax break in each of the ten years. The end result will be the city collecting around 40-thousand dollars each year of the program. Council President Dana Sande calls the expansion a major investment by the company. Sande says Simplot employs over 400 workers with an annual payroll of 28 million dollars.
Council member Danny Weigel says he still has some questions about the tax break given the city is raising taxes in 2018.
The addition of the High Bay Freezer would make the current facility the primary distribution center for all products in the central and eastern U-S.
The incentive package was approved on a six to one vote.