Saturday, August 18, 2007

Decatur (AL) Industrial Development Board OKs tax breaks for Hexcel project

According to the Decatur Daily News, the tax breaks for Hexcel, allowing the site to compete with one other facility within the corporation, but outside the US, for a $77MM upgrade to manufacture acrylic fiber for conversion to carbon fiber primarily for the aerospace and aviation industry. The expansion will add 25 jobs with a payroll of $910,000 to the 106 already at the plant.
The Decatur Daily News

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