News
Avilla OKs tax breaks
7/22/2010
Author: Matt Getts
Published by: News Sun
The Avilla Town Council voted unanimously Wednesday to approve tax abatements for one expanding company in its town and for another which will be locating there, resulting in a combined 55 new jobs to the area.
Accel International plans on closing its South Milford operation, bringing its 19 employees to the old International Wire facility in Avilla's industrial park. The council passed a 2-year abatement on the $1.2 million purchase of the International Wire factory, and an additional abatement of $2.1 million on new machinery.
When the new machinery is installed, Accel will be hiring 35 new workers over the next two years, according to general manager Dan Cole.
Accel International makes high-performance wire for companies such as General Cable and Harbor Industries.
Cole said the company hopes to begin moving into its new facility by August 1.
Ultrexx also received a positive recommendation for a tax abatement for $3.5 million in new equipment. That new equipment will lead to 20 additional jobs at its facility on Progress Way.
Ultrexx, through its parent company, Symmetry Medical, is a provider of implants and instruments to orthopaedic providers.
The Avilla Redevelopment Commission had passed on positive recommendations for the abatements to the council at its July 13 meeting.
The 55 new jobs are something the area really needs, according to Noble County Economic Development Corp. executive director Rick Sherck.
"It's time to celebrate, but it's not time to stop working," Sherck said following Wednesday's vote. "I feel fortunate to be have a workforce people want to use. We've got good people living and working in Noble County."
Town Council president Paul Shepherd was effusive in his gratitude to the two companies.
Shepherd also thanked Sherck for his efforts in helping to bring the jobs to Avilla. Back to Top