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Cargill, Wikipedia Commons

Documents obtained by The Associated Press show that a deal to keep agribusiness giant Cargill operations in Wichita includes nearly $10 million in tax breaks over a 10-year period from state and local government entities.

The documents, which came from an open records request, show the incentive package includes tax abatements and sales tax exemptions from state, county, city and school district, but no outright cash incentives.

Sean Sandefur / KMUW

After considering sites in both Texas and Colorado, Cargill will be keeping its meat and protein division headquarters, and 800 employees, in Wichita.

  

The Minnesota-based agriculture, energy and pharmaceutical company currently operates its Meat Solutions division out of a 110,000-square-foot building in downtown Wichita.

Cargill announced in March its desire to build a new headquarters for its meat and protein division, and Wichita Mayor Jeff Longwell says he was worried that the company would hit the road.

James Rhiley

Freddy’s Frozen Custard and Steakburgers is one of the fastest-growing restaurant chains in the country. In 2015, the restaurant saw a growth in sales of more than 30 percent. And while Freddy’s now has locations in 29 states--with its 200th restaurant opening in Nebraska in June--the roots of the business are in Wichita. Three humble men with visions of a simple burger joint and no intentions of starting a franchise started the concept.

As part of the KMUW Wichita Entrepreneurs series, Abigail Wilson sat down with Freddy himself and the rest of the top team at one of their restaurants in east Wichita.

Spirit Aerosystems

Updated Tuesday, May 3: Wichita City Council members unanimously approved $280 million in industrial revenue bonds for Spirit AeroSystems. The company says it will fund expansion and modernization projects.

Original story:

Tomorrow morning, Spirit AeroSystems will ask the Wichita City Council to approve up to $280 million in industrial revenue bonds.

wichita.edu

Wichita State University held an entrepreneurship conference on Thursday at the Hyatt Regency downtown. The event featured several speakers who outlined the data behind startup businesses both large and small.

Zach Werner, flickr Creative Commons

Missouri lawmakers appear uninterested in Kansas Gov. Sam Brownback's proposal to reduce the business "border war" between the two states.

Brownback last week offered to lessen his state's efforts to lure jobs away from the Missouri side of the Kansas City metropolitan area if Missouri's lawmakers would in turn weaken a law they approved in 2014 addressing the issue.

401(K) 2012 / Flickr Creative Commons

The majority of business owners surveyed by the Wichita Independent Business Association say the state’s income tax exemption for many small businesses should be amended.

Back in 2012, Gov. Sam Brownback ended all taxes on non-wage income for LLCs, subchapter S corporations and sole proprietorships, calling the move a “shot of adrenaline” for the economy. The idea was that small businesses would keep more of the money they make, allowing them to hire more people and expand their facilities.

Wilco737 / Flickr Creative Commons

An aerospace company in Wichita plans to expand and add 100 jobs to its current production facility this year.

Atlas Aerospace in west Wichita specializes in repair of aerospace components and has produced doors for commercial airplanes including the Boeing 737. Atlas announced plans to expand its Wichita facility to meet increasing demands for a variety of aerospace products. The company plans to add about 100 jobs, which will bring the number of employees to 526.

Sean Sandefur / KMUW

A weekly meeting about startups and entrepreneurs had its first event in Old Town this morning.

Dozens of people packed into Wichita State University’s new Old Town location for an initiative called 1 Million Cups, a program started in Kansas City that has spread to 77 cities across the U.S.

The idea behind 1 Million Cups is providing “a supportive, neutral space welcoming entrepreneurs to be open and honest about their businesses and the challenges they face.”

Deborah Shaar

Wichita Eisenhower National Airport is reporting that 2015 was its third busiest year on record.

A brand new terminal, which opened last June, helped to bring in 37,679 additional passengers in 2015, an increase of 2.5 percent from the previous year.

Airport officials said the total number of passengers who either flew in or out of Eisenhower National Airport was 1,571,348.

“We are very pleased that passengers have responded to the conveniences and amenities of our new terminal and our air service,” Valerie Wise, Air Service Manager, said in a statement.

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