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Board approves rural industrial tax exemption extension for GK Machine
Summary
The Marion County Board approved a three‑year rural industrial property tax exemption application by GK Machine for new machinery and equipment, estimated at about $5.4 million in taxable value and expected to add roughly 18 jobs.
The Marion County Board of Commissioners approved a resolution Wednesday granting GK Machine a rural industrial property tax exemption for new machinery and equipment at the company’s Donald-area facility.
Sarah Cooley, economic development specialist with Marion County Community Services, said GK Machine’s application proposes roughly $5.4 million in new taxable property value tied to machinery and equipment. The company estimates…
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