The Daily Globe - Serving Gogebic, Iron and Ontonagon Counties

City approves Waupaca Foundry tax exemption

 

September 10, 2019



By TOM LAVENTURE

tlaventure@yourdailyglobe.com

IRONWOOD — The Ironwood City Commission on Monday approved an Industrial Facilities Tax Exemption for Waupaca Foundry, Inc., which opened in July at the New Ironwood Industrial Park.

The 3-0 approval with commissioners Joseph Cayer and Kim Corcoran not present, will remove 50 percent off the millage rate equal to about 11 mills as a tax break for the company. The commissioners said the company has a positive impact on the city’s economy with a $4.3 million investment for an existing facility at the industrial park and a goal to create 61 jo...



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