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Tax Abatement Will Bring 300 New Jobs To Lamar County

Lamar County estimates 300 new jobs plus an estimated $29 million in capital investment. In addition, commissioners granted a $26 million, seven-year tax reduction to the Delco Trailer Company, which has already begun construction of a new manufacturing facility. The reduction will be spread out over seven years, starting at 100% for the first two years, then 75% for two years, then 50% for two years, and 25% for the final year.