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Chattanooga City Council on Tuesday approved a 10-year Payment In Lieu of Taxes, or PILOT, program for Kordsa Inc.’s $50 million expansion of its manufacturing facility in Hixson.
Kordsa Inc., a producer of industrial-strength nylon for tires, will seek a 10-year tax break from Chattanooga and Hamilton County on its $50 million expansion in Hixson, a project that it expects will create 200 new jobs paying between $25 and $40 per hour.
Kordsa, Inc. announced a $50 million investment to expand their manufacturing operations in Chattanooga, creating 200 new jobs and increasing their capacity.
Tennessee officials announced on Tuesday that Kordsa, Inc. is expanding its Chattanooga manufacturing operations. The company will invest...
The tire nylon manufacturer Kordsa, which took over part of the former DuPont plant in Hixson nearly a decade ago, announced Tuesday it is investing $50 million to expand nylon production at its Chattanooga plant.