A company that makes food packaging products will be granted a tax abatement thanks to City Council designating it as an Economic Revitalization Area at its  Jan. 14 meeting.

Sabert Corp is building a new Advanced Technology Center at 8510 Ardmore Ave. The total estimated project cost is $30.7 million. The project will create 19 full-time, permanent jobs for a total additional annual payroll of $1.5 million with an average annual salary of $76,768. 

The project also will retain 62 full-time, permanent jobs with a total current payroll of $4 million, with the average current annual salary of $64,917.

Under the abatement, taxes on improvements to real property and personal property are phased in over 10 years.

Sabert also sought, and was granted, a waiver of noncompliance for failing to file the abatement application by the required date.  

Recommended for you

(0) comments

Welcome to the discussion.

Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.