Exergonix misses first target to retain tax incentives and land
Exergonix is to invest $50M and create 150 well-paid jobs in order to receive tax incentives. If Exergonix fails to meet the minimums by Sept. 1, 2016, the city has an option for taking back undeveloped property and other remedies. The company submitted a report to Lee’s Summit City Hall which shows the number of employees has dropped from six to five.