The Chambers County Commission approved two abatements for industries in their regular meeting last week.
Norbord, formerly located in the Huguley Industrial Park, were granted an abatement on $45 million in new manufacturing equipment at the Chambers County site. The company’s investment involves maintenance and construction that will take place this year. Norbord will install a new energy efficient press.
The Chambers County Development Authority’s Kimberly Fuller told the commission that a decision to reopen the plant after the upgrades will be based on market conditions and customer demand. Norbord will potentially request start-up funding from their board in 2015.
The commission also granted an abatement for Hyundai Motors Manufacturing Alabama for equipment that will be installed at AJIN USA in the Chambers County Industrial Park in Cusseta. A $1,887,000 abatement was approved for the company.
The sales and use tax abatements for the HMMA project will result in educational tax funds of more than $21,000 over five years. The Norbord abatement will generate $180,000 in one time sales and use taxes for education and property taxes of nearly $1 million over five years.
At the meeting, the commissioners approved two resolutions regarding grant funds. The first was to approve Community Consultants Inc. as the administrators for grant funds intended for the Welch water line project. The other resolution accepted $8,003 in funding for the county’s elderly services program.