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State OKs $9.1M in tax breaks for 2 firms, construction plan

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PROVIDENCE, R.I. (AP) — Rhode Island’s economic development agency has signed off giving more than $9 million in tax breaks to two companies that plan to add jobs as well as a separate construction project.

The Providence Journal reports the state Commerce Corporation Monday approved up to $3.1 million in tax credits for United Natural Foods Inc., which plans to add 150 jobs in Providence by 2020.

Agoda Travel Operations plans to create a customer experience center in Providence and add 200 jobs. It stands to receive roughly $4.1 million in tax credits.

Nearly $1 million in tax credits and an additional sales tax exemption have been approved for a Bristol construction project. SAT Development, LLC, plans to build 24 apartments and a pizza shop on an empty lot.

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Information from: The Providence Journal, http://www.providencejournal.comCopyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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