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Published 1 year ago

Council approves 2023 tax abatements

Summary by Ground News
Cummins received more than $9 million in tax abatements for improvements to its local operations. Tax abatement occurs over a 10-year period in which companies pay 10% more on taxes each consecutive year. Cummins plans to put $2.6 million toward the personal property projects regarding Project GZ04 and $5.9 million toward new machinery.

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