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Franklin council approves tax abatement for Prime Beverage, citing 181 initial jobs
Summary
The Franklin City Council approved Resolution 26‑01 on Jan. 21, 2026, granting Prime Beverage Group a seven‑year personal‑property tax abatement for about $56 million in equipment; the company projects roughly 181 initial jobs at about $25/hour and a $3 million gas‑line extension to begin construction in February if approved.
Franklin — The Franklin City Council on Jan. 21 unanimously approved Council Resolution 26‑01 to grant Prime Beverage Group a seven‑year personal‑property tax abatement and a 5% economic development fee recommendation tied to an estimated $56,000,000 in equipment investment.
Community development specialist Dana Monson told the council the Economic Development Commission recommended approval after hearing a request from Prime Beverage for a personal‑property abatement covering what Monson described as $56,000,000 worth of personal equipment and proposing a seven‑year term with a 5% economic development fee.
John West, a company representative, described Prime Beverage as a…
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