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P&G Gets Tax Credit

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By: TOM BRANNA

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The Missouri Dept. of Economic Development will give Procter & Gamble Manufacturing $500,000 in state tax credit to expand its St. Louis facility. The project will create 34 high paying jobs, according to the company. The development tax credits were approved, in part, because P&G made a donation exceeding $1 million to the St. Louis Local Development Co. for equipment that will be leased back for at least five years. Procter & Gamble will use the equipment to establish new produ...

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