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Autauga County approves 10-year tax abatement for Project Mountain expansion in Prattville
Summary
The Autauga County Commission approved a 10-year tax abatement for Project Mountain (Old World Industries, LLC), a planned $26 million expansion expected to add about 20 jobs; the abatement covers construction-related transaction taxes (with education exceptions) and non-educational ad valorem taxes, contingent on meeting employment thresholds.
The Autauga County Commission voted June 17 to approve a tax abatement agreement for Project Mountain, an expansion project by Old World Industries, LLC, to be located in Prattville and Autauga County.
The resolution, adopted unanimously after the commission suspended the rules to add the item, authorizes abatement of construction-related transaction taxes (excluding local construction taxes levied for education or capital…
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