Canon may lose some tax benefits due to layoffs
Canon USA Inc. may lose some local property tax benefits following layoffs at its Melville, N.Y., according to Newsday. The county’s Industrial Development Agency (IDA), in a letter to a Canon executive obtained by reporter James T. Madore, said the company agreed on Feb. 1 “to create and maintain at all times at the facility: 1,081 full-time equivalent employees.” Should...
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