Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Economic Development topic
No spam. Unsubscribe anytime.
Council approves tax abatement for Elton Manufacturing; company pledges 50 jobs and $4 million in equipment purchases
Summary
The council unanimously approved Resolution 726-2026 awarding a phased equipment tax abatement to Elton Manufacturing, which plans a $4 million equipment investment and to create 50 jobs over three to four years with an estimated average wage of $24 per hour.
Kathy presented a statement of benefits for Elton Manufacturing, a Canada-based company that acquired local facilities in June 2025 and is seeking a phased property-tax abatement on equipment to support an expansion at 1300 Industrial Drive. Kathy told the council the company plans to invest $4 million in equipment purchases and expects to create 50 new jobs within three to four years; the company estimates an average wage of about $24 per hour for the new positions.
Council members moved and seconded a resolution to approve the tax abatement as Resolution 726-2026. The council voted unanimously to approve the resolution (motion and second recorded; vote 5-0). Kathy said she and the mayor would sign the original documents and that the city would invite the public out when work at the site begins.
The council recorded the resolution number on the minutes and approved the request consistent with the economic-development presentation. Specific details about the phase schedule for the abatement or clawback/recapture provisions were not provided in the meeting record; those terms were not specified in the oral presentation.
