Wausau grants tax boon to Liberty Mutual
WAUSAU - Employees of Liberty Mutual Insurance Co. in Wausau are on track to move to a new office building with help from city tax incentives.
Wausau City Council members voted unanimously Tuesday to allow nearly $5 million in tax refunds to Liberty Mutual over six years, tied to the new development.
The company plans to invest $50 million in the property at 2101 West Bridge St., just west of U.S. 51. A new building would be about 150,000 square feet and hold the company's existing Wausau employees.
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Liberty Mutual is one of Wausau's largest employers with nearly 900 employees and a total annual payroll above $54 million, according to city documents.
Read more: http://www.wausaudailyherald.com/story/news/2017/01/24/wausau-grants-tax-boon-liberty-mutual/96997432/
