Kansas officials are pursuing megadeals for six new projects, including two companies that make semiconductors, by using the same tax incentives that landed Panasonic’s $4 billion investment last year. Paul Hughes, deputy secretary for business development at the Department of Commerce, briefed lawmakers Tuesday on the status of Panasonic’s operation and the potential to reach multibillion deals with more companies, providing thousands of jobs. Panasonic plans to start pouring concrete this month for its facility in DeSoto, where the company will make batteries for electric vehicles.
Source: www.joplinglobe.com