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Tax Credits Announced to Sustain Development Project



Gov. Matt Blunt announced today that the Missouri Department of Economic Development (DED) has approved state tax credits for $1,828,596 over a five-year benefit period for AT&T under the Enhanced Enterprise Zone program. The credits will be utilized for a new facility located at 4001 S. Richard Joseph Blvd. The business operations at the project facility will be a customer care call center for wireless business customers.

“I applaud the leaders in Joplin for working together to attract investment and create jobs,” Blunt said. “The Enhanced Enterprise Zone program will help further support Joplin’s economic development efforts and give them a competitive edge in attracting new business opportunities. With our pro-growth, pro-jobs initiatives Missourians have created nearly 97,000 jobs since January 2005 and this announcement is another way we are helping our communities with job creation and economic development.”

“This is the result of 30 years of private and public partnerships working together to bring good jobs to our state,” Rep. Ron Richard said.

The department has reserved the tax credits for a five-year period based on AT&T’s projections for the creation of 569 new jobs at an average wage of $23,600 and new investment of $19.4 million.
 
The Enhanced Enterprise Zone program was implemented in 2004. Enhanced enterprise zones are specified geographic areas designated by local governments and certified by the Department of Economic Development. Zone designation is based on certain demographic criteria, the potential to create sustainable jobs in a targeted industry and a demonstrated impact on local cluster development.

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