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Siemens seeks 10‑year tax exemption for office expansion; council delays final vote
Summary
Siemens Corporation asked Worcester City Council on March 17 to approve a 10‑year, 75% reinvestment‑area tax exemption for a 10,000‑square‑foot office expansion that the company says would create about 53 jobs and roughly $2.9 million in payroll; the measure was introduced but left on first reading.
Siemens Corporation requested city approval of a reinvestment‑area/enterprise‑zone incentive during the March 17 meeting to support construction of a roughly 10,000‑square‑foot corporate office expansion.
City staff said the company expects the expansion would create approximately 53 new Worcester jobs and about $2.9…
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