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IDB approves tax abatement as MCLinc plans to build at Horizon Center

Posted at 7:48 pm October 5, 2017
By John Huotari Leave a Comment

Barry Stephenson, president and chief executive officer of MCLinc, discusses the analytical testing laboratory's plan to build a 29,000-square-foot building at Horizon Center during an Oak Ridge Industrial Development Board meeting on Monday, Oct. 2, 2017. (Photo by John Huotari/Oak Ridge Today)

Barry Stephenson, president and chief executive officer of MCLinc, discusses the analytical testing laboratory’s plan to build a 29,000-square-foot building at Horizon Center during an Oak Ridge Industrial Development Board meeting on Monday, Oct. 2, 2017. (Photo by John Huotari/Oak Ridge Today)

 

A city board on Monday approved a six-year, 50 percent property tax abatement for a company that plans to move from Heritage Center, the former K-25 site, to Horizon Center, a few miles northeast.

MCLinc is now in Building K-1006 at Heritage Center, which is also known as East Tennessee Technology Park. A conference center at ETTP’s main entrance is leased for special events, and MCLinc has the next building on the right. It’s been home to a laboratory since 1965. MCLinc (Materials and Chemistry Laboratory) has been there since 1998, when the company started.

But the building is owned by the U.S. Department of Energy, and it is slated for demolition, said Barry Stephenson, MCLinc president and chief executive officer. Attempts to acquire the building have not panned out, Stephenson told the Oak Ridge Industrial Development Board on Monday.

Three years ago, the company, an analytical testing laboratory, received notice that they have to move, Stephenson said. He told the IDB that MCLinc has to be out of the building by September 2018. [Read more…]

Filed Under: Business, Front Page News, Oak Ridge Tagged With: Barry Stephenson, Buzz Patrick, David Mason, David Wilson, East Tennessee Technology Park, Hal Osucha, Harold Trapp, Heritage Center, Horizon Center, Louise Dunlap, Materials and Chemistry Laboratory, MCLinc, Oak Ridge Industrial Development Board, Phil Yager, PILOT agreement, property tax abatement, Richard Chinn, tax abatement, U.S. Department of Energy

IDB endorses professional services contract with Chamber

Posted at 8:31 pm July 1, 2013
By John Huotari Leave a Comment

The Oak Ridge Chamber of Commerce could provide an office for the Industrial Development Board, store its files, prepare its meeting minutes and agendas, and take care of its accounting under a proposal endorsed Monday.

The Chamber would do the work for $25,000 per year, IDB Chair David Wilson told board members. [Read more…]

Filed Under: Business, Government, Oak Ridge, Oak Ridge, Top Stories Tagged With: Chris Johnson, David Wilson, economic development, Hal Osucha, Horizon Center, IDB, Kathy Barber, Kim Denton, Lou Dunlap, Mark Watson, Oak Ridge Chamber of Commerce, Oak Ridge Economic Partnership, Oak Ridge Industrial Development Board, Parker Hardy, Ray Evans, Richard Chinn, Steve Jones

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Classifieds

Public Notice: NNSA announces no significant impact of Y-12 Development Organization operations at Horizon Center

AVAILABILITY OF THE FINAL ENVIRONMENTAL ASSESSMENT FOR THE OFFSITE HOUSING OF THE Y-12 DEVELOPMENT … [Read More...]

ADFAC seeks contractors for five homes

Aid to Distressed Families of Appalachian Counties (ADFAC) is a non-profit community based agency, … [Read More...]

Public notice: Draft environmental assessment for Y-12 Development Organization at Horizon Center

AVAILABILITY OF THE DRAFT ENVIRONMENTAL ASSESSMENT FOR THE OFFSITE HOUSING OF THE Y-12 DEVELOPMENT … [Read More...]

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