Archive for Wednesday, October 21, 2009

Amarr Garage Doors secures tax abatement

October 21, 2009

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Amarr Garage Doors will finally get its tax break, six years after the pact went on the books.

Tuesday night, commissioners agreed to activate Amarr’s 10-year tax abatement, which will be expected to save the company $120,400 a year on property and equipment related to an expansion started in 2004.

Previous commissioners had approved the tax break in October 2003, but Amarr didn’t seek implementation of the savings until now. Amarr finished the expansion in late 2007.

The original abatement was granted with the understanding that the expansion would generate 80 jobs at Amarr’s manufacturing plant, 3800 Greenway Circle in the East Hills Business Park. The project — which generated at least

$2 million more in capital investments than originally expected — so far has created about 40 jobs.

The tax break is to take effect Jan. 1.

Comments

justforfun 5 years, 8 months ago

I sure could use a tax break! I just did landscape work in front of my house. That must be worth at least a $100 tax cut.

jafs 5 years, 8 months ago

When will the other 40 jobs be created?

If they're not, perhaps they should receive 50% of the original abatement.

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