AÂ tax break recommended by an Oak Ridge board on Monday could help a parts manufacturer more than double the size of its plant and add 20-30 workers, an executive said.
The Oak Ridge Industrial Development Board endorsed the five-year, 100 percent property tax break for Protomet—which makes marine, automotive, and homeland security equipment—in a special meeting Monday.
But Oak Ridge City Council member Anne Garcia Garland suggested there could be some opposition later. She said residents want to know why Protomet, which has become successful with the help of one tax abatement, should receive another. [Read more…]