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JEDO approves three incentive agreements for Shawnee County projects
Summary
The Joint Economic Development Organization approved incentive agreements for Project Omega ($1,430,000), JM Smucker ($383,000) and HF Rubber ($147,000). Presentations emphasized job growth plans, capital investment and performance-based payouts; all three motions passed by roll-call vote.
The Joint Economic Development Organization on Feb. 11 approved three incentive agreements intended to support expansions and continued operations in Shawnee County.
Ashley Layman, vice president of business development for Go Topeka, presented Project Omega, an existing financial-services firm that the packet lists for $1,430,000 in performance-based incentives. Layman said the project is intended to support 175 new jobs over five years with wage ranges “from $50,000 to over $100,000,” a reported return on investment…
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