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Saturday, September 24, 2016
Governor Shumlin names winners downtown tax credits, Trout River Brewing awarded $62,500
State tax credits will support tenant improvements to a former machine tool factory space in downtown Springfield.
www.vtbeer.org
trout river brewing company
Governor Shumlin names winners downtown tax credits, Trout River Brewing awarded $62,500
September 23rd, 2016
State tax credits will support tenant improvements to a former machine tool factory space in downtown Springfield. Trout River Brewing Co. plans to convert vacant space in this 130,000 square foot complex into a 20-barrel production brewery and hopes this project will not only provide new jobs in the Springfield community but also be a catalyst for tourism and local economic development.
Vermont Business Magazine reports that Governor Shumlin names winners of $2.25 million in downtown tax credits.” Trout River Brewing Company’s total project cost is $300,000 and they were awarded tax credits of $62,500.
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Great! More tax dollars to support incompetent businesses. If they work it right the tax payers will pay for the whole pipe dream of a few wantabe brewers.
ReplyDeleteI'm inclined to agree. The brewery is a novelty fad having accumulated huge debt on the shoulders of tax payers. It adds nothing to the local work force and wouldn't have got a second look for financing if it was an automotive or manufacturing enterprise. Beyond that, my first taste their efforts on tap at the Hole this weekend was flat. There's far too many better beers for less money to be had.
DeleteIncompetent? You don't like their beer?
ReplyDelete