Kansas is giving more than $300 million in state APEX incentives to Integra Technologies to build a new semiconductor factory in Wichita. The Wichita megaproject could bring 2,000 jobs and more than $1.8 billion in capital investments to the state’s most populous city. The project is the second approved under Kansas’ APEX incentive program, which was established last year in the state’s effort to lure Japanese tech firm Panasonic to build a new battery plant in De Soto, Kansas. The Kansas Department of Commerce is touting the deal as the second-largest economic development project in the state’s history — behind the Panasonic project. Details of the agreement with Integra remained secret until after the State Finance Council, which includes Kansas Gov. Laura Kelly and leadership from the Kansas Legislature, voted unanimously to approve the agreement. Kelly’s office released the contract about an hour after the vote.
Source: Wichita Eagle
