November 18, 2014 at 12:43 a.m.
Breaking: Council approves abatements
Breaking: Council approves abatements
Portland City Council on Monday voted to approve tax abatements for a company that plans to establish 102 new jobs in Portland.
Council unanimously approved a $1.22 million personal property tax abatement and a $50,000 real property tax abatement for Carrera Manufacturing, formerly known as W&M Manufacturing.
The company, which is an injection molding and finishing manufacturer, will construct and equip a Class 100 clean room in its current facility, 1000 N. Morton St., Portland. The clean room will allow the company to expand its current finishing and coating capabilities to meet customer demand for anti-fog, anti-glare, thermal and UV-cured coatings.
For further information, see Tuesday’s edition of The Commercial Review.
Council unanimously approved a $1.22 million personal property tax abatement and a $50,000 real property tax abatement for Carrera Manufacturing, formerly known as W&M Manufacturing.
The company, which is an injection molding and finishing manufacturer, will construct and equip a Class 100 clean room in its current facility, 1000 N. Morton St., Portland. The clean room will allow the company to expand its current finishing and coating capabilities to meet customer demand for anti-fog, anti-glare, thermal and UV-cured coatings.
For further information, see Tuesday’s edition of The Commercial Review.
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