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Kubota Awards $100,000 to Wayne County


Kubota Awards $100,000 to Wayne County
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July 12, 2021
Kubota Tractor Corp. today announced Wayne County Ag Center, in Collinwood, Tennessee, as the winner of the Kubota “Hometown Proud” community revitalization grant program. Wayne County will receive a $100,000 grant and loaned equipment from Kubota to help develop the grounds for the county’s first and only dedicated Agricultural Center (Ag Center).
Nearly 400 grant applications were received from nearly every state in the country, according to Kubota. In May, Kubota identified the top five finalists and then called on the public to vote to help determine the winner of the $100,000 grant and use of Kubota equipment to refresh or revitalize a community project. ....

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Growing Angola companies receive tax abatements


ANGOLA — Two growing Angola companies received tax abatement approvals during Monday’s meeting of the Angola Common Council.
The tax abatements approved for Vestil Manufacturing and Feddema Industries will result in 22 new jobs between the two, 20 at Vestil and 2 at Feddema.
Vestil Manufacturing, one of Angola’s oldest manufacturing facilities, plans to add nearly $1.8 million in new manufacturing equipment, research and development equipment and logistics distribution equipment that will add 20 jobs at an average salary of about $39,000. The expansion will also retain 433 employees.
Vestil’s project began in March and expected to be completed by August.
The tax abatements were for five years on personal property — the equipment — and 10 years on the real estate improvements. ....

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