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AEDC board approves up to $360,000 job incentive for Empirical Foods
The board unanimously approved a location incentive agreement with Empirical Foods: $12,000 per job, paid over five years, for up to 30 new jobs paying more than $55,000, with about $10 million in new investment.[1]
Kevin CarterAmarillo Economic Development Corporation (AEDC)
What the sources say
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Director Bentley moved and Vice-Chair Meander seconded the Empirical Foods agreement; it was approved unanimously. The minutes give no total; arithmetic from its terms gives up to $360,000 (30 jobs at $12,000). Empirical Foods does not appear among the company projects in the January 31, 2025 project report.[1][2]
- Max incentive
- $360,000