news-SJTC-2017

Whirlpool Corp. and Cornerstone Alliance are seeking St. Joseph’s approval of a tax incentive for a $35 million investment in Whirlpool’s Technology Center on Upton Drive.

The presentation was made Monday by Jeff Noel, Whirlpool’s vice president for communications and public affairs; Lee Utke, Whirlpool senior director for global corporate real estate; and Rob Cleveland, president of Cornerstone Alliance, the economic development agency.

The organizations are asking for the creation of a commercial rehabilitation district for three Whirlpool parcels. After the meeting, Cleveland explained that the designation, if approved, would freeze the taxable value of the property following the upgrades.

Read the full article by John Matuszak >>>