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Aspen incentive package could reach $4.25 million
Officials: It was what we had to do to get this industry
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To help convince Aspen Aerogels to locate its new factory in Bulloch County, county commissioners, the development authority and the city of Statesboro provided an incentive package valued at roughly $4.25 million. Besides land from the development authority, site work by county employees and water and sewer lines to be extended at the city’s expense, the package includes a 10-year abatement of the county government portion of property taxes, worth a projected $2.3 million. "We think that this package that we offered is very reasonable and it's based on the market for industrial recruitment,” said Benjy Thompson, CEO of the Development Authority of Bulloch County.
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