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$7.5M in tax rebates pledged to north Louisiana paper mill

3 months 3 days 2 hours ago Friday, October 20 2017 Oct 20, 2017 October 20, 2017 7:52 AM October 20, 2017 in News
Source: Associated Press
By: Associated Press

HODGE, La.- A north Louisiana paper mill is receiving $7.5 million in performance-based tax rebates over five years to help with facility upgrades.

Gov. John Bel Edwards announced Wednesday that WestRock Company will get the aid as part of an improvement plan for the mill in Jackson Parish, aimed at retaining more than 400 jobs at the facility.

WestRock is the parish's largest employer, with a yearly payroll of $28 million. The containerboard paper mill has been open for nearly 90 years, operating in the village of Hodge since 1928.

In addition to getting an annual $1.5 million tax rebate for five years from the state, WestRock also is expected to obtain local property tax breaks. Hodge Mayor Gerald Palmer said in a statement the investment "ensures the future of Hodge."

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