Wisconsin has offered Harley-Davidson a $25 million tax incentive for keeping its plants located in the state and to protect jobs, according to a report in The Journal Sentinel. The deal is aimed at protecting about 1,000 jobs at Harley-Davidson’s Milwaukee area plants.
The tax incentives were announced just days after Harley workers ratified new labor contracts.
According to the JS report, the incentive package gives the company up to $25 million in Enterprise Zone tax credits over a nine-year period in exchange for keeping work in Wisconsin and making capital investments.
The tax credits are contingent on the levels of employment Harley maintains as well as capital investments and purchases from state suppliers. The company won’t get the full amount of credits if it does not meet certain requirements, according to the report.
