City approves Waupaca Foundry tax exemption
September 10, 2019
By TOM LAVENTURE
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...