Word: stanwood
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Dates: during 1980-1989
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...enterprise that means work for residents. With unemployment running at 9.8% nationwide, cities and towns across the U.S. are aggressively wooing potential businesses, including some long considered undesirable, with carefully thought out economic strategies, featuring special tax incentives, novel financing arrangements and eased environmental and zoning requirements. Stanwood, Iowa, and Sheffield, Ill., 'are fighting over a planned $35 million hog-slaughtering facility that would provide 600 jobs and a $10 million annual payroll. Three years ago, Illinois could not find a community that would accept a new medium-security facility to house 750 inmates, even though it would have...