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Millwright company to relocate to Carefree

April 06, 2011
Don DuBois, executive director of the Crawford County Economic Development Corp., announced at Thursday night's county board of commissioners meeting in English that a millwright services company will be relocating to the county.

CTC Corp., currently located in Mitchell, will move to an approximately 4-1/2-acre lot in the Crawford County Southeast Industrial Park at Carefree, DuBois said. Construction of an 8,000-square-foot facility, along with an adjacent small office, is expected to begin in May, in time for a July or August opening, he said.

The facility will be just north of Jasper Engines & Transmissions, the industrial park's only other tenant, on land purchased a few years ago by the Crawford County Redevelopment Commission, DuBois said.

At the recommendation of the Redevelopment Commission, the county commissioners voted 3-0 to sign a resolution in favor of granting a 10-year tax abatement to the company.

"This will not reduce any income to the county, because there's no taxes being collected on it now," DuBois said. "It's a county-owned property, so there's no taxes, and, in fact, over the next 10 years, incrementally we'll be collecting more taxes on this property."

Since the company will be located within the county's Tax-Increment Financing district, the abatement doesn't need the approval of the county council, which last year adopted a tax abatement policy, DuBois said.

"Those taxes go to the Redevelopment Commission anyway, so they don't go into the General Fund, and that's so Redevelopment can make improvements to the properties that are there and, eventually, buy new property," he said.

DuBois said the company's owner, Bryan Curl, who is from Crawford County, decided to relocate to the industrial park because of its proximity to Interstate 64 and Louisville, where many of its customers are located.

"We feel that this will benefit ourselves as well as the area businesses," Curl wrote in a letter to the commissioners presented by DuBois.

"We will be purchasing our fuel and any supplies/consumables possible in the local area to help the growth of Crawford County. It is also our intentions to hire employees locally, if possible, to continue the growth of CTC Corp., if the economy permits," Curl continued.

DuBois said the company currently has 15 employees, including some from Crawford County, but being closer to Louisville should increase business, which would mean additional employees would be needed.

"The type of work he's doing and the close proximity to Louisville, we think it's really going to expand," he said.

"I think it's a win-win situation for us and for him," Jim Schultz, president of the board of commissioners, said.

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