Polk County OKs $280M tax abatement for plantPolk County OKs $280M tax abatement for planthttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=22542014-12-10T09:06:00Z2014-12-09T00:00:00Z

CORRIGAN, POLK COUNTY - The Polk County Commissioners have approved a ten-year tax abatement for Corrigan OSB LLC’s new $280 million plant, which will have 160 full-time employees, create 1,854 construction jobs and hire 200 truckers.

The company will spend $5 million for a plot of land on the southwest corner of US Hwy. 59 and SH 287. The plant could open as early as 2017, and will use pulp wood from a 55-mile radius around Corrigan.

The company's president told the Polk County commissioners that construction also depends on approvals from Union Pacific, Corrigan-Camden ISD, Entergy and Centerpoint Gas.

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Houston-The Woodlands-Sugar Land
http://www.ktre.com/story/27586160/polk-co-commissioners-approve-10-year-tax-abatement-for-proposed-osb-plantRead more at {Source}

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