First PILOT Tax Break Of The Kelly Administration Planned Fo

First PILOT Tax Break Of The Kelly Administration Planned For Major Manufacturing Project Alstom Site


First PILOT Tax Break Of The Kelly Administration Planned For Major Manufacturing Project Alstom Site
Tuesday, June 22, 2021
The first planned PILOT (payment in lieu of taxes) tax break of the Kelly administration is planned for NOVONIX, which on announced that the company plans a $160 million expansion of its Chattanooga manufacturing operations while adding 290 jobs.
Jermaine Freeman, interim city economic development administrator, said the City Council will be briefed next Tuesday on the request.
He said the project "is in a once very industrialized area."
It will include a "community benefits" component, he said, though by state law government cannot direct that a company hire a certain number of workers from a certain area.

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