Water, Jobs, and Local Taxpayer Impacts
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Red Boiling Springs, Tennessee
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At initial startup the water bottling plant will employ about 80
people. Eventually the plant will employ 200 people. Some jobs will
be warehouse/forklift operators, production operators, customer
service representatives, administrative positions,
managers/supervisors and quality control analysts.4
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Tennessee has:5
- no state sales tax on manufacturing equipment
- no state property tax and no payroll income tax
- investment tax credit of 1 percent
- franchise tax jobs credit
- no state property tax on work in progress and finished product
inventories
- infrastructure and training grants up to $750,000
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Currently "only between 12 to 15 people from Red Boiling Springs"
are working at the plant.6
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"US Department of Commerce has invested $1 million in Macon County
to attract $100 million in private investments and create 220 new jobs.
The money will go toward improvements and facilitate the location of
the Nestlé spring water facility in Red Boiling Springs."
7
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1Source:
Hitting the Bottle, Michigan residents fight for control of the state's water, by Keith Schenider, 23 October 2002 (
www.gristmagazine.com/maindish/schneider102302.asp)
2Source:
Some call for water law to protect state water resource, courtesy of AP, October 7, 2001 (
www.greatlakesdirectory.org/mi/1007water.htm)
3Source:
www.anglingmatters.com/ww_midwest.htm
4Source:
Intersting Facts about Nestlé Waters North America's Red Boiling Springs Operation As discussed in the Macon County Chamber of Commerce Meeting November 25, 2003,
www.redboilingspringstn.com/nestlé_waters.htm
5Source:
Welcome to Macon County, TN! Macon County.s Industrial Development Web Site, (
www.maconcountytn.com/inddev/index.htm)
6Source:
Caught between a rock and a hard place, by Suzanne Brabant, Macon County Time, March 23, 2004 (
www.maconcountytimes.com/articles/2004/03/23/news/newsa.txt)
7Source:
Nashville Business Journal, October 29, 2003 (
Nashville.bizjournals.com/nashville/stories/2003/10/27/daily32.html)
8Source:
http://tfn.net/Springs/MadisonBlue.htm
9Source:
http://www.research.fsu.edu/researchr/fall2003/springtime.html
10Source:
Some Highlights and History of Fryeburg Water Company, an open letter from Hugh Hastings, President and Director of Fryeburg Water Company to the Town of Fryeburg
11Source:
Poland Spring cancels deadline for proposed plan in Fryeburg, by Carol Coultas, Lewiston Sun Journal, (
http://www.sunjournal.com/search/story.php?ID=49265)
12Source: Poland Spring Public Meeting held in Fryeburg, Maine, January 28th, 2004
13ibid