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| Decatur, Ala. | Wednesday, May 22, 2013 |
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12/11/12
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796 views
Hartselle to consider industry tax abatement
HARTSELLE — The Hartselle City Council will consider a tax abatement for Busche Enterprises Division Inc. at its meeting tonight.
The company is requesting about $54,000 a year in property tax abatement over a 10-year period and a $475,000 break on sales tax during construction of its Hartselle facility. Taxes that go to education can’t be abated, and the company will pay about $500,000 in education taxes.
The company bought the 263,000-square-foot Emerson Copeland building in October. When renovations are complete, the facility will manufacture advanced machine parts. The company expects the plant to create about 200 jobs. Twenty-nine employees work at the building now, and Busche will invest $20 million in the project.
BEN MONTGOMERY
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Great , give them a tax abatement. Just about all of those jobs are going to be for experienced machinist. How many of those jobs do you think are going to be filled by tax payers of Hartselle? VERY FEW!!!!
At least they will be paying into Harselle Schools, unlike the Decatur situation.
Should have said "Hartselle"