LEDA Offers Expansion Incentives to Two Lubbock Businesses - KCBD NewsChannel 11 Lubbock

6/16/08

LEDA Offers Expansion Incentives to Two Lubbock Businesses

The Lubbock Economic Development Association announced Monday that it will provide two local companies with incentive money to expand business, and create new jobs. United Supermarkets will receive $114,000 to create 25 jobs for an added ice plant.

Also, a specialty asphalt company, SemMaterials, will receive $38,000 for the creation of 11 jobs over the next five years. Mayor Tom Martin was also at Monday's news conference and encouraged both companies to move forward with their expansions.

LEDA is an economic development association supported by Lubbock tax dollars.

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