Manitowoc will support your project through the issuance of Industrial Revenue Bonds (IRB). IRB's are tax exempt bonds issued by a municipality or other government entity. The municipality passes the financing through to an industrial company. The net effect of the IRB is to provide the company with lower interest financing
Manitowoc is prepared to assist in the preparation and adoption of an initial (or comfort) resolution for your project. The bonds can be issued up to one year after the completion of your project. Additional information is available on the Wisconsin Economic Development Corporation website.