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Briggs-and-Stratton-tax-abatement-8.1m-35-jobs
Summary
The Auburn City Council approved a tax abatement for Briggs & Stratton tied to an $8,100,000 capital investment and the creation of 35 jobs at its Auburn plant.
AUBURN, June 3 — The Auburn City Council approved a tax abatement for Briggs & Stratton after the company announced an $8,100,000 capital investment in its Auburn plant and plans to hire 35 new employees.
Mayor Ron Anders said Briggs & Stratton is making an $8,100,000 capital investment and will hire 35 employees; the council approved a tax-abatement request tied to that investment. "We are grateful for the continued service of Briggs and Stratton in our community," Anders said, noting the company was one of the city’s early industrial employers.
The meeting summary does not include the specific terms of the abatement, the duration, or a mover/second and roll-call vote tally. The mayor’s statement characterizes the council’s action as supporting local industry retention and growth.
Details on the tax-abatement agreement, including amounts, timing and any performance conditions, are posted with the city council meeting materials, the mayor said.
