Mars Snacking to invest $100 million, add 600 jobs through Chicago HQ expansion – Chicago Tribune*

Gayle Shrake, left, and Mary Beth Kulinski have a laugh together as they pull Snickers protein bars from the bar line at the Global Innovation Center at Mars Wrigley on Jan. 16, 2024, in Chicago. (Stacey Wescott/Chicago Tribune)Under the terms of the EDGE agreement, Mars Snacking commits to adding 602 jobs by December 2027 and investing $100 million in building out the three offices to be eligible for $42.8 million in state tax credits over 15 years.
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mqyl
1 month ago

It seems that the only time businesses locate to or expand in Illinois is when there are significant tax breaks involved; you know, the ones we pay for.

taxpayer
1 month ago

The article doesn’t mention real estate taxes, but I suppose that in addition to the $42.8 million State credit, Mars is expecting to receive substantial property tax breaks. If they’re not, that would be news.

The Railroader
1 month ago

$42.8 million in state tax credits. This from a bankrupt state. Only spoiled brat trust fund baby JB the Hutt would be gullible enough to hand over that much confiscated taxpayer funds to bribe a business from leaving The Hutt tax and regulatory Hell.

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