Alliance Bank in Sulphur Springs

Saputo Enterprise Zone Approval

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The Sulphur Springs City Council on first reading approved an Enterprise Zone for Saputo Dairy Foods Tuesday night. The designation will allow Saputo to save $700,000 in state sales tax as they do $10-million in improvements over five years. The improvements involve equipment upgrades according to Plant Manager Joe Wallace. The city will be asked for a 1-year tax abatement and a $500 savings in sales tax but they will be fully reimbursed by the state.

By Don Julian, KSST News and Sports Director

Author: Staff Reporter

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