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Council approves seven-year tax abatement for Lions Head Specialty Tire and Wheel
Summary
The Paris council approved a seven-year, deescalating tax abatement to support a proposed Lions Head Specialty Tire and Wheel manufacturing and warehousing plant; staff said the project is expected to add 18 full‑time equivalent jobs and involve $6–$8.2 million in improvements based on revised company estimates.
The Paris City Council voted on Jan. 27 to approve a tax abatement agreement intended to support Lions Head Specialty Tire and Wheel’s planned manufacturing and warehousing project in the Northwest Business Park.
City staff presented the agreement and said the company’s improvements were initially estimated at $5.4 million in the publicly posted notice but the company later revised that estimate to…
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