The Fort Smith, Arkansas, USA, board of directors has endorsed Mars Petcare for participation in its Tax Back Program for an expansion of the Mars Petcare facility there.
Mars Petcare is planning a US$81.7 million expansion of its facility, the second significant expansion of the plant in two years. The expansion will add an estimated 95 jobs, according to reports.
The Tax Back endorsement is a formality as part of an incentive program administered by the Arkansas Department of Economic Development. The program allows businesses to seek sales tax refunds from construction materials, new equipment and other qualifying expenses of investments that result in new jobs.
“This is how the city can move forward and help spur economic development in our city,” At-Large Director Kevin Settle said.
The Tax Back endorsement is a formality as part of an incentive program administered by the Arkansas Department of Economic Development. The program allows businesses to seek sales tax refunds from construction materials, new equipment and other qualifying expenses of investments that result in new jobs.
“This is how the city can move forward and help spur economic development in our city,” At-Large Director Kevin Settle said.
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