Cargill gets $13.6 million tax break for protein office

Cargill was awarded $13.6 million worth of property tax breaks from the city council in Wichita, Kansas, as the company proceeds with its plans to relocate its North American Protein Group’s headquarters to a new site in Wichita.

Shown is a rendering of building plans for Cargill's future North American protein headquarters, which will be located in Wichita, Kansas. | Cargill
Shown is a rendering of building plans for Cargill's future North American protein headquarters, which will be located in Wichita, Kansas. | Cargill

From WATTAgNet:

Cargill was awarded $13.6 million worth of property tax breaks from the city council in Wichita, Kansas, as the company proceeds with its plans to relocate its North American Protein Group’s headquarters to a new site in Wichita.

Cargill earlier announced it had outgrown its current facility in downtown Wichita, and later selected a new site in Wichita’s Old Town district, where the Wichita Eagle newspaper offices are currently located. The Eagle building is being demolished to make way for a new Cargill facility, while the Eagle staff will be relocating to a smaller office.

Cargill’s protein group includes the company’s meat, poultry and food service and distribution ventures. Brands under the protein group include Honeysuckle White, Shady Brook Farms and Honest Turkey.

The company’s new protein headquarters will include about 170,000 square feet of office space to be the workplace for at least 700 people, the Eagle reported. Cargill will also build a 750-space parking garage.


Wichita approves $13.6 million property tax break for Cargill

The Wichita City Council on Tuesday approved industrial revenue bond financing and an estimated $13.6 million in property tax breaks to subsidize Cargill Protein Group’s new downtown headquarters.


Read more here: http://www.kansas.com/news/local/article145331334.html#storylink=cpy

Read More at Kansas.com

 

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