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Commission greenlights $25 million IRB package for US Engineering expansion in Venture Park
Summary
The Lawrence City Commission voted 4–0 Oct. 14 to adopt Resolution No. 7636, declaring the city’s intent to issue up to $25 million in industrial revenue bonds to support construction of an approximately 110,000‑square‑foot US Engineering Metal Works plant in Venture Park.
The Lawrence City Commission voted 4–0 on Oct. 14 to adopt Resolution No. 7636, signaling the city’s intent to issue up to $25,000,000 in industrial revenue bonds to support construction of an approximately 110,000‑square‑foot manufacturing plant for US Engineering Metal Works in Lawrence Venture Park.
Supporters including company leaders and local economic development groups told commissioners the project will create jobs and expand an existing local operation. Tyler Knopberg, chairman and CEO of US…
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