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Hopkins County Commissioners, Hospital District Grant Tax Abatement

Hopkins County Commissioners and Hospital Board Trustees have approved a tax abatement for Ashoka Steel Mills. The company plans to invest $245 million in a 350,000-square-foot steel mill plant designed for FM 1870 at the site of the former Thermo-Luminent coal mine. It should be operational in the spring of 2026 and employ at least 350 workers at an average salary of $55,000 annually.