SIDNEY — Two enterprise zone agreements were awarded to area businesses during Monday morning’s Shelby County Commissioners meeting.
Perfection Bakery was given a 50.1 percent abatement for their enterprise zone, which is projected to be $25 million or above, given the cost of construction.
Barbara Dulworth, city of Sidney Community Services director, presented the proposed agreements. She said that Perfection is looking to make improvements to its property at 1900 Progress way, for production and distribution. The company has proposed investing $1.75 million to $2.15 million into Sidney, in addition to machinery and inventory. It will create 25 new jobs in Sidney, with payroll and benefits equalling $7.1 million. The abatement will last 10 years.
Jay Miller, Perfection Bakery CFO, spoke at the meeting.
“The first time I met before this board was 1995,” he said. “We’ve been able to retain and grow in that location and we’re looking to expand.”
Miller said the proposed addition would be a freezing operation, allowing them to distribute products to the Eastern United States.
Commissioner Bob Guillozet spoke in favor of the abatement. “You’ve been good community partners,” he said. “We appreciate you making our county home.”
Freshway Foods was granted an agreement for its property at 601 N. Stolle Ave. The company is looking to add to an existing building and construct a new building. The proposed investments are $10.45 to $13.2 million, in addition to furnishings. The company currently has 330 full-time employees and plan to add 25 jobs, with payroll and benefits adding up to $17.9 million.
Dulworth told the commissioners that the abatement will equal $1.3 to $1.7 million for a 10-year abatement at 75 percent.
The council also passed a resolution to appropriate $22,225.96 for ditch maintenance within the county.