How do the revised rules in the Bipartisan Budget Act of 2015 affect you and your business?
Broomfield-based Ball (NYSE: BLL), which makes packaging for the food, beverage and household products industries in addition to its aerospace division, is slated to receive up to $400,000 in economic development tax credits. The credits were approved by the Wisconsin Economic Development Corp., and the actual amount will be contingent on the number of jobs created and retained, as well as the amount spent on capital investment.
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The expansion will include expanding its current 400,000-square-foot facility in DeForest and equipping it with a new product line for extruded aluminum aerosol cans.
The new product line is expected to be operational early next year.