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Commission approves pilot agreement for Alta Alloys plant; company to invest $20 million, add 45 jobs
Summary
The City Commission unanimously approved a pilot (tax incentive) agreement for Alta Alloys, a manufacturer that will occupy a speculative building in the Henderson Interstate Industrial Park. Officials said the project represents about a $20 million investment and an expected 45 new jobs with an average hourly wage of $42.06.
The Franklin City Commission voted unanimously to approve a pilot agreement for Alta Alloys to locate a manufacturing facility in the Henderson Interstate Industrial Park.
Industrial‑authority staff said the project represents roughly a $20,000,000 investment and is expected to create about 45 jobs. The presenter said the average hourly…
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