Johnson County will add another $15 million to a growing pot of incentives dedicated to Panasonic’s new $4 billion factory planned for De Soto. The Board of County Commissioners on Thursday voted to spend $7.5 million on local road improvements and commit another $7.5 million toward building a new fire station with hazmat capabilities for the factory. Kansas officials have already committed $829 million in incentives to lure the Japanese electronics maker to De Soto. That includes $500 million in refundable tax credits, which allows the firm to not only reduce its tax burden, but receive cash directly from the state.
Source: KC Star Local News
