GALESBURG, Ill. The Knox County board has approved a motion that allows the state’s attorney to seek a settlement from Maytag to recoup property tax breaks.
State’s Attorney Paul Mangieri had requested that the board approve a lawsuit that seeks one-point-one (m) million dollars. But the board yesterday voted to pursue a settlement instead.
Mangieri says the Newton, Iowa-based company got more than a (m) million dollars in tax abatements that it shouldn’t have.
Maytag spokeswoman Lynne Dragomier has said the company repaid all its state and city loans when it announced plans to close its Galesburg plant.
Maytag’s decision to move production to Iowa and Mexico will cost Galesburg about 17-hundred jobs when the plant closes next month
From WQAD Channel 8 News