- Associated Press - Tuesday, February 10, 2015

AMITE, La. (AP) - Two companies expanding in Ponchatoula have received approval from the Tangipahoa Parish Council in their applications for state tax rebates on their expanding payrolls.

Elmer’s Candy is making a $40 million investment to expand its plant, creating 16 new permanent jobs.

J&M; Industries will spend $4.5 million to expand its tarp manufacturing plant and will create 30 new permanent jobs.

The Advocate reports (https://bit.ly/1Cdj4NM ) Tuesday both companies are applying to the state’s Quality Jobs Program, which grants cash rebates of 5 percent or 6 percent of annual gross payroll for new, permanent jobs for up to 10 years.

The program also can provide a 4 percent sales/use tax rebate on capital expenditures or a 1.5 percent investment tax credit for qualified expenses.


Information from: The Advocate, https://theadvocate.com

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