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Will Janesville offer company incentives?

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JAMES P. LEUTE
January 20, 2012

The Janesville City Council plans to meet in closed session Monday to discuss a possible incentive package for an Illinois company that is considering a move to the city.


The city released the council's agenda Wednesday.


The paragraph detailing the closed session is typical in its language but unique in the fact that it specifically names the company—Pres-On Corp. of Addison, Ill.—and says the company could locate 71 jobs in the city.


For competitive reasons during the early stages of negotiations, the city rarely—if ever—names specific companies in its agenda materials.


"Janesville is aggressively going after companies to either relocate or expand into Janesville," said Vic Grassman, Janesville's economic development director. "This is one Illinois company that expressed an interest, and we'll be going into closed session on Monday night to discuss a possible incentive package."


For competitive reasons, Grassman wouldn't comment beyond that.


According to its website, Pres-On was founded in 1949 and is a leading manufacturer of adhesive coating, coated foam tape, mounting substrates, gaskets and cap liners serving customers worldwide in the industrial and consumer markets.


IF YOU GO

The Janesville City Council will meet at 7 p.m. Monday in City Hall, 18 N. Jackson St. Items on the agenda include:


-- A second reading, public hearing and action on a proposed ordinance changing the zoning conditions of approval for the former ThyssenKrupp/Gilman plant on Delavan Drive. Milton manufacturer ANGI has expressed interest in leasing the property and moving its operation to Janesville. The proposed zoning change pertains to truck traffic into and out of the facility.


-- Scheduling of a public hearing for Feb. 13 on a proposed ordinance amending city alcohol regulations to allow Class A liquor and beer sales beginning at 6 a.m.



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