Business News: Governor Mike Parson announces proposed incentives package aimed at attracting GM to invest in Wentzville plant

8May - by Editor - 0 - In STL.News

Wentzville, Missouri (STL.News) – A $1 billion expansion at Wentzville’s General Motors plant is one step closer to becoming a reality.  On Wednesday, Missouri Governor Mike Parson announced a proposed incentives package that includes annual tax credits to automakers that invest at least $500 million in plant upgrades.  Parson held a closed door meeting at Wentzville City Hall with city, county, and state leaders to discuss the proposal that is aimed at giving Missouri an advantage when competing with other states to attract and retain major business expansion projects, including the potential General Motors investment in Wentzville.

Continue reading Business News: Governor Mike Parson announces proposed incentives package aimed at attracting GM to invest in Wentzville plant at STL.News.

Source link