— The Limestone County Commission Tuesday approved tax abatements for a new industry planning to locate in Ardmore’s Dekko Industrial Park.
Tom Hill, president of the Limestone County Economic Development Association, asked the commission to approve a one-time sales tax abatement of $14,000 for Advanced Technical Manufacturing. The company does business as Advanced Technical Avionics and manufactures parts for the aviation industry.
Hill also asked the commission to approve a property tax abatement of $2,890 per year for 10 years for a total of $28,900. He said the company plans to create 35 jobs within the first three years of operation and will invest $850,000 in the 22,500-square-foot building.
“We have an industry friendly county, and they would like to start spending their money,” Hill told the commission.
After approving the abatements, Commission Chairman Stanley Menefee said the commission was not trying to push the abatements through, and added he only learned about the proposal on Monday.
Hill said prior to Tuesday’s announcement, there were two vacant buildings at the industrial park, which is located about one mile from I-65. Once Advanced Technical Manufacturing is up and running, there will be only one building left, and Hill said there is interest from another industry in the remaining space.