Sabra Dipping Company Opens New Plant in Chesterfield County - wtvr
#2 Aug 15, 2010
Sabra stated they would bring 260 jobs into the area. Was the below information based on the company doing just that? If so, what happens now that SABRA isn't moving their Headquarters to the Ruffin Mill site?
Gov. Tim Kaine authorized $350,000 from the Governor’s Opportunity Fund to help finance the project. As a condition, those funds had to be matched by Chesterfield. Because the Ruffin Mill site is located in a designated enterprise zone, the county was able to waive permit fees and offer a five-year rebate on the local machinery and tools tax, for a total grant of $398,000. Chesterfield also pledged an investment of $235,000 for sewer upgrades.
The state will provide job training for the facility through the Virginia Job Investment Program.
hesterfield plans to collect $260,000 a year in real estate taxes, as well as $79,500 in machinery and tools taxes after the five-year rebate period has passed, Hart said.
“It was equally important for us to know what the company would provide in a three-year window as far as capital investment and employment,” Sheffler said.
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