Deere says tax credits saved 300 jobs - KWWL - Eastern Iowa Breaking News, Weather, Closings

Deere says tax credits saved 300 jobs

WATERLOO (KWWL) -- Deere and company says tax credits saved nearly 300 jobs in Waterloo.

Documents filed with the Iowa Department of Economic Development show tax credits from the modernization of the foundry in Waterloo saved 60 salaried positions and 235 hourly jobs.

Deere is investing 90 million dollars to modernize the foundry. It's receiving 15 million in tax credits and indirect financing from the state.

 

 

 

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