Target Gets Incentives

Target Corp. has been granted $2.27 million more in state tax credits because it added 199 jobs and invested $50.6 million more than planned in its Cedar Valley Food Distribution Center.

Target’s perishable foods distribution center was completed in 2009.  It employs more than 250 people and supplies the company’s stores in Iowa and nearby areas of the Midwest.

The distribution center, one of two Target distribution centers in Cedar Falls, accounts for 250 jobs and $126.7 million in investment.

Excerpt courtesy of The Courier