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North Manchester council approves multiple tax-abatement renewals for local businesses
Summary
The town council approved renewals of tax abatements for Intertex Products, MPS and S & T Investments after company representatives described local investments, job growth and new equipment. Approvals were taken by voice vote.
The North Manchester Town Council approved renewals of tax-abatement agreements for three local businesses during its April 1 meeting, citing ongoing local investment and job growth.
A representative of Intertex Products described investments in new equipment installed in July that have allowed the company to add shifts and staff and to pursue new markets, including a large new customer in Ohio. The representative said the plant is operating with added capacity and expects to staff a second shift by year’s end. Council moved and seconded the renewal and, after a voice vote, the motion ‘carried,’ according to the meeting record.
Council then considered a renewal request from a corporate headquarters that moved to town in 2018 (identified in the agenda as MPS). A company representative told the council the office employs about 35 people, noted recent hires and described a new feed mill project intended to serve the company for decades. The council voted by voice to approve the renewal.
Joe Sains, manager of S and T Investments, described redevelopment of an eyesore building into a fully occupied facility that has produced new jobs (the speaker estimated ‘over 14, maybe 16’ employees). The council moved, seconded and approved the S and T Investments renewal by voice vote.
The votes were taken by voice; the meeting record shows the motion carried for each renewal but does not include roll-call tallies. Council proceedings followed its standard process of motion, second and voice vote.
The council’s approvals keep in place the local tax-abatement terms under which the businesses have been operating while they continue development and hiring locally. No dissenting roll-call votes were recorded in the transcript portion provided.
