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Council to consider tax incentives for Protomet, ending recycling rewards

Posted at 10:51 am April 8, 2013
By John Huotari 2 Comments

In a cost-cutting move, the Oak Ridge City Council tonight will consider ending the rewards part of the city’s recycling program.

Ending those rewards, which can be redeemed for discounts at local businesses, could save about $124,000, city officials said.

Also tonight, the City Council will consider approving a five-year, 100 percent tax break for Protomet. The incentive could help the parts manufacturer more than double the size of its plant on Larson Drive in the Bethel Valley Industrial Park and add 20-30 workers. [Read more…]

Filed Under: Business, Government, Oak Ridge, Oak Ridge, Top Stories Tagged With: Bethel Valley Industrial Park, Gary Cinder, Mark Watson, Oak Ridge City Council, Oak Ridge Industrial Development Board, Oak Ridge Public Works Department, payment-in-lieu-of-taxes agreement, PILOT, Protomet, RecycleBank Reward Program, recycling, recycling rewards, tax break, Waste Connections

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