Call Now
- Washington Sheet Metal Work Shops Approved by the Web’s Leading Job Shop …
- OSHA cites Long Island, NY, Machine Shop for Failing to Correct Previously …
- Simtek facing $139K in fines from OSHA
- Texas Steel Fabrication Shops to Support The Buy American AMSN Movement
- Machining & Fabrication in Alaska: AMSN Helps Businesses in the Last Frontier …
- PA job shop Smucker adds Trumpf laser cutter
- Clark County at Work: Hi-Tech Metal Fabrication Inc.
- Washington Sheet Metal Work Shops Approved by the Web’s …
Watch Useful Tips on how to save money on Your Business and much more.
Coronado Steel Co. gets tax abatement
Coronado Steel Co. gets tax abatement
YOUNGSTOWN
The city’s board of control approved a 75-percent, 10-year real-property tax abatement for the Coronado Steel Co. for a $670,000 expansion project on Funston Drive.
Coronado, which produces alloy metal castings and is a machine-and-fabrication shop, would save $71,170 and pay $23,723 in property taxes over the 10-year period of the abatement. The board approved the abatement Thursday.
Coronado needed additional storage because of space it no longer has on State Street. The company sold that property to the city in December 2010 for $450,000. The State Street property is being used as part of VM Star’s $650 million expansion project.
Article source: http://www.vindy.com/news/2011/oct/13/coronado-steel-co-gets-tax-abatement/?nw