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Jefferson County approves tax abatement for Wisconsin firm planning $25 million facility
Summary
The Jefferson County Commission approved a statutory tax abatement package for Wisconsin-based ITU Absorptive to build a 50,000-square-foot facility at the Jeff Matmakala Industrial Park, producing an estimated 36 jobs and projected returns to county and education funds.
The Jefferson County Commission on an agenda meeting approved a statutory tax abatement package for ITU Absorptive, a Wisconsin-based company planning to invest just under $25 million to build a new 50,000-square-foot facility at the Jeff Matmakala Industrial Park and to create 36 jobs paying an average wage just under $30 per hour.
County economic development staff said the company requested sales-and-use tax relief on construction materials and equipment and a…
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