Manufacturing WorkerManufacturing and high-wage service companies which locate in Owatonna’s JOBZ development zones are eligible for substantial tax savings through 2015, thanks to the most aggressive non-metro job development program in Minnesota’s history. High-quality, developed industrial lots with excellent access to 1-35 qualify for JOBZ benefits.

Other available incentives include commercial development funding, TIF and tax abatements, state and federal grants, and industrial development bonds.

Development Incentives Summary (PDF)
Tier 1 Commercial Building Renovation Loan Program (PDF)
Tier 2 Commercial Building Renovation Loan Program (PDF)
Revolving Loan Fund for Commercial Development (PDF)
Revolving Loan Fund for Industrial Development (PDF)
Tax Increment Financing (PDF)
City Owned Land (PDF)
Minnesota Job Creation Fund
Minnesota Job Skills Partnership Program

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply