ND Body Gives Tax Break To Manufacturing Plant
BISMARCK, N.D. (AP) — The Burleigh County Commission has agreed to give Midwest Manufacturing a 50 percent property tax break for three years on a $7.5 million manufacturing plant it plans to build in McKenzie Township.
Midwest Manufacturing is a subsidiary of Menards. The Bismarck Tribune reports (http://bit.ly/16H9XYT) that the company plans to build the wood products and distribution facility along state Highway 10.
Under terms approved by the commission, Midwest Manufacturing would pay about $60,500 per year through 2016. The company also would pay $25,000 a year to the Sterling School District and $5,000 to McKenzie Township every year of the tax break.
Menards had asked for a full tax break for two years and a 50 percent tax break for three years.