B & J Specialty Adding Jobs
Albion council grants abatement
Posted: Thursday, September 12, 2013 12:00 am | Updated: 6:19 am, Thu Sep 12, 2013.
By Bob Braley
ALBION — An Albion business was granted a tax abatement by the Albion Town Council Tuesday in support of a proposal that would bring six new jobs to the city.
B & J Specialty plant manager Kerry Leitch presented an application for tax abatement on three new pieces of machinery valued at $894,000 to be added at 1120 E. South St. The machinery will bring work adding six new jobs, he said.
The six new jobs are projected to have a combined salary of $210,000 per year, the tax abatement document said. The Albion plant adding the new equipment and jobs currently employs 26 people.
B & J Specialty has multiple plants in Noble County.
All three pieces of equipment are expected to be in operation by Feb. 28, 2014. The council unanimously approved the phase-in of property taxes on the equipment over a period of five years.