Broadwind Towers spur Abilene expansion Broadwind Towers spur Abilene expansion https://www.recenter.tamu.edu/news/newstalk-texas/?Item=49632014-02-12T12:08:00Z2014-02-12T09:00:00Z

ABILENE - The Development Corporation of Abilene (DCOA) authorized $1.6 million to help Broadwind Towers expand its storage yard and install a rail spur extension at Five Points Business Park.

The DCOA is swapping land with Broadwind so that a rail spur can be extended to the company, according to DCOA CEO Richard Burdine.

In exchange for nearly five acres from Broadwind, the DCOA will extend a rail spur on the west side to the company’s current storage yard and install a fence on the property line if Broadwind installs a fence around its storage yard.

The DCOA will level a nearly 11-acre lot and sell it to Broadwind for $163,635.

The land swap for rail service will benefit other business park occupants, including incoming oil and gas services company, Tucker Energy, and CarbonLITE, a plastic beverage bottle recycler planning a plant in the industrial park.

The approved funds include a $516,000 job creation incentive for Broadwind. The company originally projected creating 150 jobs, but has hired only 115 over the past five years because of a slowdown in wind farm construction.

In the new agreement, the DCOA will give the company a five-year job-creation period.

In 2008, the DCOA approved $4.7 million in incentives to assist the company, then known as Tower Tech, build and equip a $20 million, 146,000-sf manufacturing plant in the business park.

Abilene Reporter-News
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