Missouri offered about $2.5 billion in incentives to Amazon

JEFFERSON CITY, Mo. (AP) – Missouri offered Amazon nearly $2.5 billion in incentives over 10 years in a bid to lure the company’s second headquarters to the state.

The Missouri Department of Economic Development on Friday released details of the state’s proposal to create an “innovation corridor” between Kansas City and St. Louis, rather than building the headquarters on one site in the state. The bid was separate from proposals from Kansas City and St. Louis.

Amazon on Thursday announced 20 finalists for the new headquarters and none of the three bids from Missouri made the cut.

The $2.42 billion in incentives would have funded seven different programs, including $1.36 billion in refundable tax credits. Three of the programs would have funded programs to attract and keep Amazon employees within the innovation corridor.

Related Articles

Local youth coach charged for allegedly punching umpire John 'Kevin' Kiebler is charged with one count of assault on a sports official. As part of his bond, Kiebler is not allowed to have any contact or com...
Tech gifts to get dad for Father’s Day 2018 Father’s Day is June 17. Do you know what you’re getting your dad yet?
Former teammate says former Saluki who stopped shooter has always been selfless Nick Hill says his former SIU teammate Jason Seaman has always been a hard worker and a tough and a selfless person. Seaman stopped a shooter who open...
Memorial Day travelers fill vacancies after months of low tourism In Grand Rivers, the marinas and the hotel are full for the upcoming three-day weekend, according to Mayor Tom Moodie.