Camas says it could land WaferTech expansion

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first_imgCamas Mayor Scott Higgins sees his city as a major contender in the much-talked-about race to land an expansion of chipmaker WaferTech’s Taiwan-based parent.“We’ve been the (company’s) only semiconductor fab in the U.S.,” Higgins said in response to a news article speculating about the project.o Reduced business and occupation tax rate to .275 percent from .484o Exempts gases and chemicals used in manufacturing from sales and use taxeso Exempts labor and services related to construction from sales and uses taxeso Business and occupation tax credit of $3,000 per workero Machinery exempted from personal property taxesSource: http://apps.leg.wa.govThe director of Oregon’s state economic development agency, Business Oregon, last week referred to the race to land the project while standing before an Oregon legislative committee as being between Oregon and New York, according to The Oregonian.Called “Project Azalea,” the expansion is rumored to be a multibillion-dollar chip foundry. In order to land the highly sought-after prize in upstate New York, that state’s officials are sweetening the deal with millions of dollars worth of incentives, putting Oregon at a disadvantage, said Tim McCabe, director of Business Oregon.Camas, on the other hand, doesn’t have to throw money at the project because the city already has several advantages over sites being considered in Oregon and New York, said Paul Dennis, president of the nonprofit Camas-Washougal Economic Development Association.last_img

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