{{titleBar.title}}

{{titleBar.tagline}}

 

 

Tyler fajitas: $19 million feeds Soules Foods expansionTyler fajitas: $19 million feeds Soules Foods expansionhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=25032014-11-11T06:49:00Z2014-11-11T06:45:00Z

TYLER - Tyler Junior College trustees have approved a five-year, 100 percent tax abatement for a $19 million expansion of John Soules Foods that will create 70 new jobs.

John Soules Foods is the largest processor of precooked fajitas in the U.S., according to Tyler Economic Development Council CEO Tom Mullins.

The company is in the process of acquiring another facility out of state, which has caused it to look at doing an expansion in either Tyler or Georgia where it is looking at the other facility, Mullins said.

At the current tax rate, TJC will forego $37,986 annually for the tax abatement, or a total of $189,930 over the five-year period of the abatement.

The abatement agreements are based on the assumption that the company will create the new jobs by the end of 2016 and complete most or all of its improvements and equipment purchases and installation by April 2015.

Tyler Morning Telegraph
Tyler
Industrial
http://www.tylerpaper.com/TP-News+Local/207800/tjc-trustees-approve-expansion-of-john-soules-foods#.VFOqivnF8RoRead more at {Source}

 Search NewsTalk Texas