The Missouri Department of Economic Development has approved state tax credits for $134,915 over a five-year benefit period for Vitronic Promotional Group, a division of EBSCO Industries, Inc., under the Enhanced Enterprise Zone program.

The credits will be utilized for a new facility located at 401 Highway in Doniphan, Mo. The business operations at the project facility will be a manufacturing facility.

DED has reserved the tax credits for a five-year period based on Vitronic Promotional Group’s projections for the creation of 46 new jobs at an average wage of $19,053 and new investment of $3.24 million.

Enhanced enterprise zones are specified geographic areas designated by local governments and certified by the Department of Economic Development. 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.

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