Polaris to get $80M in tax, other breaks for new Alabama factory


Polaris to get $80M in tax, other breaks for new Alabama factory
	News - - The state of Alabama and the city of Huntsville, site of the ATV factory, offered land, cash and job-training assistance. Polaris Industries Inc. will receive about $80 million in combined state and city subsidies when it builds its new and massive $142 million ATV plant next year in Huntsville, Ala. Kelly Schrimsher, communications director for the city of Huntsville, said Monday that the Alabama perks and tax breaks include $15 million in land and temporary office space given to Polaris by Huntsville. It also includes about $31 million in cash and job-training assistance from the state of Alabama, as well as about $34 million in state subsidies tied to Polaris’ agreement to provide 1,700 to 2,000 jobs in the state. Read More At: http://www.startribune.com/business/288292431.html

- - Volume: 3 - WEEK: 3 Date: 1/13/2015 12:32:30 PM -

News - - The state of Alabama and the city of Huntsville, site of the ATV factory, offered land, cash and job-training assistance.

Polaris Industries Inc. will receive about $80 million in combined state and city subsidies when it builds its new and massive $142 million ATV plant next year in Huntsville, Ala.

Kelly Schrimsher, communications director for the city of Huntsville, said Monday that the Alabama perks and tax breaks include $15 million in land and temporary office space given to Polaris by Huntsville.

It also includes about $31 million in cash and job-training assistance from the state of Alabama, as well as about $34 million in state subsidies tied to Polaris’ agreement to provide 1,700 to 2,000 jobs in the state.