The following projects were approved for tax abatements by the Genesee County Economic Development Center Board:
Premier Credit of North America: Total capital investment, $150,000; Sales tax exemption on equipment purchases, $12,000; Anticipated new jobs, 50; Premier will be leasing 8,500 square feet and up to 13,500 square feet at 1 Mill St., Batavia (the former Pioneer Credit location). Premier will be hiring 50 full-time employees with a target start date of March 1; Premier originally sought locations in Hamburg, Springville, East Aurora, Orchard Park and West Seneca, but not Batavia; GCEDC won the bid with the sales tax exemption, according to the GCEDC-produced project summary.
Tri County Welding: Total capital investment, $111,000; Sales tax exemption, $4,440, Mortgage tax exemption, $938, PILOT, $24,945; Jobs retained, five, new jobs, two and a half; Tri County is expanding its facility to support an increase in business. The expansion includes a 35 x 85 foot addition during the first quarter of 2012.
Als Enterprises (Batavia Pediatrics): Total capital investment, $150,000; Sales tax exemption, $6,000; Retained jobs, eight, new jobs, two; Batavia Pediatrics is planning on renovating its office space of 6,700 square feet, including 1,000 square feet of space not currently being used. The sales tax exemption will apply to new equipment purchases.
The following project received a loan from GCEDC's revolving loan fund:
Batavia Enclosures, Inc: Batavia Enclosures is moving from the Batavia Industrial Center (Harvester Center) to 6 Treadeasy Ave., Batavia (the former Prime Materials Manufacturing location). GCEDC is providing a $50,000 loan from the revolving loan fund, payable over seven years at a fix rate of 80 percent of prime, with a floor of 3 percent. The loan will be used to assist with purchase of the building. Batavia Enclosures intends to create three new full-time positions (a punch press operator, programmer and press brake operator).
