Prestage Farms
would receive some $15 million in state incentives to help build a proposed
$240 million pork plant in Mason City, Iowa, according to a report by the Des Moines
Register.
The Iowa Economic
Development Authority Board is offering Prestage nearly $11.5 million in tax
incentives and $3.3 million in job-training assistance.
The plant is
expected to eventually create 2,000 jobs.
In Ontario, only
one major hog-packing plant remains and there are dire warnings that there
won’t be enough packing-plant capacity all across the United States and Canada
to cope with the numbers coming to market this fall.
Let the Americans waste their tax dollars on subsidies for the big packers. We ought to realize that they will, or won't, invest without any regard to whether tax incentives are offered.