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Commissioners approve 10‑year, 50% tax abatement for recycled‑materials manufacturer tied to $160M investment
Summary
The court approved a 10‑year, 50% county ad valorem tax abatement for Ecore/Ecort Texas Inc., a company planning a roughly $160 million investment, 150 jobs in Precinct 4 and an average salary of $56,000, after staff described the project as an agricultural‑waste‑to‑building‑materials operation.
Bexar County Commissioners approved a 10‑year, 50% ad valorem tax abatement for Ecort/Ecore Texas Inc. and authorized a reinvestment zone for the project in Precinct 4.
County economic development staff described the company as producing building materials from 100% recycled agricultural waste that otherwise would go to landfills. Staff said the project anticipates about $160,000,000 in private investment, creation of approximately 150 jobs in Precinct 4 and an average salary near $56,000 a year.
Commissioners discussed the company’s product and environmental reuse of agricultural waste; the motion to approve the reinvestment zone and the tax abatement carried by voice vote. Judge Sakai encouraged moving quickly to get the company operational while staff continues to finalize agreement terms.
