Land Betterment Corp Secures $450,000 in Economic Incentives
Company receives up to $450,000 in EDGE Credits from the State of Indiana to bring economic diversity and revitalization to the region
FISHERS, Ind., June 15, 2020 /3BL Media/ - Land Betterment Corporation (“Land Betterment” or the “Company”), an environmental solutions company fostering positive impact through upcycling former coal mining sites to create sustainable community development and job creation, is proud and dedicated to work with all stakeholders to grow economic diversity and opportunity in areas that have been adversely affected from the decline in thermal coal as our society transitions away from coal-based fuels. Due to its continued commitment to invest in Greene County, Indiana to grow and scale Coal Craft Spirits, the Indiana Economic Development Corporation extended Land Betterment Economic Development for a Growing Economy (EDGE) tax credits in an amount of up to $450,000.
‘We are humbled to be offered such a comprehensive incentive plan while we are scaling the impact of our investment into southwestern Indiana,” commented Kirk Taylor, President of Land Betterment. We are transforming the former mining site in Greene County, Indiana to be the new location of Betterment Spirits and its Coal Craft Spirits brand, and developing a unique state-of-the-art, farm-to-bottle distillery experience. Mr. Taylor continued, “as a Benefit Corporation, building local support of all stakeholders first is vitally important as our impact and exposure grows coast to coast.”
For information on Land Betterment’s community-based crowdfunding campaign and to join the cause, visit: https://fundopolis.com/raisedetails?id=fade63b4-fb1d-402b-b5ab-eee3d5c961f6.
About Land Betterment Corporation
Land Betterment Corporation, an Indiana Benefit Corporation and Pending B-Corp, is an environmental solutions company focused on fostering a positive impact through upcycling former coal mining sites to create sustainable community development and job creation. The Company utilizes a complete solution-based lifecycle program to restore and rehabilitate the environment and revitalize communities in need of change and opportunity. Land Betterment accomplishes this by identifying un-reclaimed, run-down and neglected coal mining sites, fixing the environment through reclamation and remediation, and then repurposing the land to support a sustainable business that serves the community. Land Betterment firmly believes that with real solutions it is possible for restoration of impacted areas to live side-by-side long term employment, while building sustainable and safe surroundings for communities and our planet. For more information visit landbetterment.com or connect with the Company on Facebook, Twitter, and LinkedIn.
Special Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company’s actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond Land Betterment Corporation’s control. The words “believes”, “may”, “will”, “should”, “would”, “could”, “continue”, “seeks”, “anticipates”, “plans”, “expects”, “intends”, “estimates”, or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements included in this press release are made only as of the date of this release. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the projected results or events will be achieved.
Company Contact:
Mark LaVerghetta
317.537.0492 ext. 0
Chief Governance Officer, Corporate Finance
info@landbetterment.com
