Smart incentive programs start to yield economic fruit for R.I.

PBN Staff

01/09/2016

FIRST IN LINE: Greystone of Lincoln Inc. is the first company to win approval for the state's new Qualified Jobs Incentive Tax Credit. The company manufactures precision-turned components and electro-chemical functional coatings. / COURTESY GREYSTONE OF LINCOLN INC.

Last week the Raimondo administration granted Greystone of Lincoln Inc. a 10-year, $460,000 tax credit for expanding its workforce by about 10 percent. The grant is the first one under the Qualified Jobs Incentive Tax Credit program, which was created last year to help companies in Rhode Island expand their local workforce as well as

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