Wisconsin Gov. McCallum Announces Agricultural Development Zone Program

WISCONSIN DEPARTMENT OF COMMERCE PRESS RELEASE, AUGUST 20, 2002
Wisconsin Gov. McCallum Announces Agricultural Development Zone Program
Contact: Debbie Monterrey-Millett, Governor’s Office, 608/266-9806
Tony Hozeny, Communications Director, Department of Commerce, 608/267-9661
MADISON, WI: Gov. Scott McCallum today announced that the Department of Commerce is accepting applications for the new Agricultural Development Zone. Application deadline is Sept. 23.
“I included the new Agricultural Development Zone in my Build Wisconsin strategic plan because it can promote the further development of Wisconsin’s Agricultural Business/Food Processing Industrial Cluster,” McCallum said. “Regions in Wisconsin that want to expand their agribusiness base should consider applying to become the Agricultural Development Zone.”
The Agricultural Development Zone (ADZ) will have available $5 million in tax credits for use by locating or expanding agribusinesses. Agribusinesses can claim income tax credits for the creation of jobs and capital investment and for environmental remediation activities. An agribusiness is part of the Agricultural Business/Food Processing Cluster. The cluster includes all the activities and/or operations that are involved in the growth, production, processing, manufacturing, distribution, wholesale and retail sales of agricultural and food products.
The ADZ may contain regions throughout multiple counties. Only counties that do not have a Technology Zone designation may apply. The Department of Commerce encourages joint applications that demonstrate strong regional cooperation. Applicants will be evaluated by their local capacity to attract, promote, retain, and expand agribusiness. The ADZ will be in effect for 10 years.
Applications are available from the Department of Commerce home page at www.commerce.state.wi.us. For more information about the Agricultural Development Zone Program, contact Peggy Burke, Department of Commerce, at 608/266-3751.
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