De Soto EV battery Plant incentives helping people nearby
The $4 billion Panasonic Electric Vehicle Battery Plant in De Soto is already having a big impact outside the massive campus. New interchanges are already completed and lead to roads that are currently under construction south of K-10. The development agreement just announced this month lays out how the tax incentives will help cover the upgrades and leave a lasting impact on the surrounding area. "There is a lot of infrastructure improvements that will be needed," De Soto City Administrator Mike Brungardt said. "It'll cost a lot of money, and the development is going to largely fund that through the TIF incentives." Much of that [...]