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State headlines: $5 million TIF district approved for Oshkosh Corp.

Published February 24, 2010 - BizTimes Daily

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The Oshkosh Common Council approved a request to create a $5 million tax incremental financing (TIF) district to help Oshkosh Corp. finance construction of a high-tech paint shop. The city’s assistance matches $35 million in incentives from the state and $11.5 million from the company itself. The company needed the paint shop, called an e-coat plant, and the state and city assistance to submit a bid that secured the right to build the U.S. Army’s Family of Medium Tactical Vehicles for the next five years. That contract is worth $3 billion to the company. Read more in BizTimes Milwaukee's headlines from around the state at http://www.biztimes.com/#news.

 

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