Denton County tax abatement key in vaccine
Denton County Commissioners Court unanimously approved a Tax Abatement/Reinvestment Zone application for Retractable Technologies, Inc. (RTI) earlier this month, allowing a five-year 50 percent tax abatement on real and personal property. The Little Elm company, a pioneer in providing effective safety syringes with automated retraction syringes and needles, will increase manufacturing capabilities as part of Operation Warp Speed and the upcoming vaccination campaign across the U.S. The U.S. Department of Defense through a Technology Investment Agreement has agreed to fund $53.6 million...