JACKSON COUNTY

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Wednesday, August 01, 2007

t_Map_Medford

A new enterprise zone in Jackson County was established July 1. Portions of the square mile of land are scattered between Butte Falls and the city of Rogue River. To attract new companies and help existing ones grow in the region, new buildings and equipment will be exempt from taxes for the first three years. Ron Fox, director of Southern Oregon Regional Economic Development Inc, says three existing zones have spurred the investment of $172.5 million and the creation of 2,123 new jobs, and he hopes the new zone will produce comparable results. Though confidentiality agreements prevent Fox from revealing names, he says both existing and new businesses are interested in the opportunity.

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