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Commission approves 20-year tax abatement for Kronospan OSB LLC
Summary
The Calhoun County Commission voted unanimously to grant a 20-year tax abatement to Kronospan OSB LLC; county and company officials said the manufacturer has invested in the county and employs more than 500 people.
The Calhoun County Commission on June 26 approved a resolution granting a 20-year tax abatement to Kronospan OSB LLC.
County Administrator Jonathan Gaddy presented the resolution, and Commissioner Shears moved to adopt it; Commissioner Wilson seconded the motion, which carried by unanimous voice vote.
The abatement drew brief remarks from local economic development officials. Don Hopper, director of the Calhoun County Economic Development Corporation, told the commission that Kronospan has invested $1.6 billion in Calhoun County. Hans Obermaier, Kronospan’s chief executive officer, said the company has been in the area for about 20 years, currently employs over 500 people and is expanding operations; he thanked the commission for the tax abatement.
The measure was recorded as adopted and attached to the meeting record. The resolution text and any conditions or implementation timeline were filed with the meeting materials; the transcript indicates the motion carried by unanimous voice vote but does not give a numerical roll-call tally.
The action is part of the county’s ongoing economic development work; the commission did not discuss offsets to the tax abatement or changes to local tax rates during the public portion of the meeting. The next procedural step, according to the meeting record, is filing the adopted resolution with county records.
