Plastics company seeks nearly $2 million in tax breaks before moving to Fort Edward

FORT EDWARD — The Texas-based plastics company looking to set up shop at the former General Electric Co. dewatering site is seeking more than $1 million in property tax breaks over 10 years and an $871,500 sales tax exemption from the Warren & Washington Industrial Development Agency, records show.

In its application to the IDA for exemptions, W.L. Plastics Corp. has called the financial assistance “critical” in determining whether it will actually buy the property and develop a manufacturing center in Fort Edward.

Post Star

Read More…