Dive summary:
- The Jacksonville (Fla.) City Council approved an incentive plan of $695,000 in tax refunds and rebates to keep Advanced Disposal Services' headquarters in the city.
- Advanced Disposal has not released a decision yet on where they will have their headquarters, though other possibilities are Milwaukee, Atlanta and Charlotte.
- If the headquarters remains in Jacksonville, Advanced Disposal said they will hire 85 new full-time propositions, paying an average of $112,209 per year with benefits.
From the article:
The Jacksonville (Fla.) City Council has approved a financial incentive package worth almost $700,000 for Advanced Disposal Services to keep its headquarters located in the city.
The incentives include $695,000 in tax refunds and rebates, paid for by the city and state. The vote Tuesday afternoon was 16 in favor, 2 opposed.
Advanced Disposal recently combined operations with Interstate Waste Services Inc. ahead of the finalization of the purchase of Veolia ES Solid Waste Inc. The combination of the three — all owned by Highstar Capital — will make for the largest private waste company in the country when the deal is finalized. ...
