Commerce approves QJI tax credit for Aretec

PROVIDENCE – The R.I. Commerce Corp. board of directors approved Aretec Inc. for up to $800,000 in Qualified Jobs Incentive tax credits over 10 years to bring in 40 new full-time jobs to Rhode Island with a projected median wage of $68,700. The jobs are expected to be filled by 2022. The incentives do not…

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