Amarillo Economic developers to possibly pay North Carolina company to build factory, hiring 160 workers
Published: Dec. 16, 2021 at 4:44 PM CST|Updated: Dec. 16, 2021 at 5:25 PM CST
AMARILLO, Texas (KFDA) - Amarillo economic developers will take a proposed deal to the city council in early January that offers incentives to attract a $40 million investment.
The Amarillo Economic Development Corporation would pay a North Carolina company to build a factory and hire about 160 workers.
AEDC head Kevin Carter said the deal would involve a property tax deferral and payments of $10,000 per job to Manteenbar.
The company’s website says it makes rebar from plastic and fiberglass instead of steel to reinforce cement and concrete.
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