Fremont approves two new tax abatements
22 Mar 2019
News
FREMONT — The Fremont Town Council approved two new tax abatements at its monthly meeting held Tuesday.
Isaac Lee, executive director for the Steuben County Economic Development Corp., spoke on behalf of both abatements, one for Cardinal IG and one for Carver NonWoven.
“It’s a pretty hefty, pretty healthy project,” Lee said.
After Cardinal IG’s expansion project in 2018, the company needs to add additional machinery and equipment to the building, so the abatement is a $3.1 million personal property abatement.
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