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Tue January 8, 2013
Centralia approved for EEZ
The Missouri Department of Economic Development announced Monday the approval of Enhanced Enterprise Zone, or EEZ, designation to the city of Centralia, Mo.
In the program, businesses could receive tax incentives as encouragement to open up shop in a certain area of the city. Zone designation is based on certain demographic criteria, the potential to create sustainable jobs in a targeted industry and a demonstrated impact on local cluster development, the department says.
Neighboring Columbia, Mo., recently ended its effort to establish an EEZ. Many citizens expressed concerns about the program.