The City of Pittsfield, Massachusetts has awarded tax incentives to two local businesses through the state's Economic Development Incentive Program in an effort to create jobs and stimulate business growth.
Modern Mold and Tool received $145,000 in investment tax credits. It will go toward a $3 million investment to acquire and relocate the company’s expanded manufacturing facilities in Pittsfield.
Shire City Herbal received $74,000 in tax incentives toward a larger property for their company’s operations.
Shire City Herbals has also been working with the city’s Community Development Department and the Pittsfield Economic Revitalization Corp for additional tax incentives.