Archive for Thursday, December 23, 2010

Douglas County Commission approves Plastikon incentives

December 23, 2010

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Douglas County commissioners unanimously approved an incentive request from Plastikon Industries, a manufacturing company out of Hayward, Calif., at its meeting Wednesday.

Plastikon intends to purchase the Serologicals building located in the East Hills Business Park, a structure off Kansas Highway 10 that has been largely vacant since 2004. Plastikon intends to use the building to manufacture medical products for Siemens Health Diagnostics.

Plastikon requested incentives from the city and the county for an employee training program that amounts to $500 per employee paid over five years. The total cost is $63,000. This incentive will be split between the city and county. The County Commission agreed to foot its share of $31,500.

Plastikon had originally applied for the incentive request in October. The request had to be resubmitted because the original application suggested an inflated hourly wage of $28.14. That wage had included benefits by mistake. The real hourly wage, excluding benefits, is expected to be $12.26.

Plastikon had also planned to request Industrial Revenue Bond financing but has since decided to mine alternative funding instead.

Over a five-year period, Plastikon expects to hire 126 employees with an average annual wage of $46,875.

Comments

just_another_bozo_on_this_bus 4 years, 7 months ago

So, will the city and county now pay for the training of workers of any company that applies? What about self-employed individuals? Can they apply to the city and county for job training, as well?

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