13 companies granted tax exemptions by Forrest County Supervisor - WDAM-TV 7-News, Weather, Sports-Hattiesburg, MS

13 companies granted tax exemptions by Forrest County Supervisors

Source: WDAM Source: WDAM
FORREST COUNTY, MS (WDAM) -

More than a dozen Forrest County companies have been approved for tax exemptions for the next five to 10 years.

On Monday, the Forrest County Board of Supervisors approved 13 companies, some that include Kohler, Bio Soil, Western Container and Green Bay Converting.

“The board is very proud of our industrial partners out at the industrial park,” said Forrest County Board President David Hogan.

“Simply reviewing those 13 industrial companies that have a tax levy due in the county, and the county has the choice whether to grant an exemption of their portion of the mileage,” said Area Development Partnership Business Development Director Todd Jackson.

One by one, each of those 13 companies got their approval from the board.

“Just last year, $85 million was invested here in our community by those companies directly in to their facilities to make them competitive and continue operation,” Jackson said. “To continue to foster an environment here where those businesses can thrive, succeed, expand, hire more citizens and invest more money back in our community.”

“It puts 2,800 employees to work in the Pine Belt and those employees are able to make a decent living, go out purchase a residence, pay taxes, and have a comfortable living in the Pine Belt,” Hogan said.

Jackson added that those companies provided $178 million dollars of investments of payroll and capital investments, and the tax breaks are less than one percent of what the companies invest in the county.

“If you added them all together, it was right around just a million dollars, which is well less than 1% of the total investment those companies invested last year,” Jackson said.

According to Jackson, the payroll for the employees is roughly $95 million.

“The main the thing that we see here is that our community remains competitive with other communities around the state, around the southeast and around the nation,” Jackson said. “As companies are looking to expand their current operations, they are going to go to those most competitive communities.”

Documents provided by the ADP give a breakdown of the companies, with Kohler and Mar-Jac Poultry ranking at the top in regards to payroll and employment.

Kohler had the highest payroll of the 13 companies in 2015, with over $18 million, and employed 766 people.

Mar-Jac Poultry had the highest employment of the 13 companies, with 861 in 2015, and a payroll of more than $17 million.

Investment/ (monies approximate) breakdown:

  • Kohler Co.:  $3.9 million for 10 years, with 766 employees in 2015.
  • Western Container Corp.: $2.3 million for five years, with 114 employees in 2015.
  • BPRex Closures, LLC (Berry Plastics): $454,470 for five years, with 93 employees in 2015.
  • Zeon Chemicals: $221,996 for five years, with 46 employees in 2015.
  • Mar-Jac Poultry: $910,318 for five years, with 861 employees in 2015.
  • Mississippi Tank Co.: $1.3 million for five years, with 192 employees in 2015.
  • Wis Pak of Hattiesburg: $1.1 million for five years, with 94 employees in 2015.
  • SPG Holdings, LLC: $6.3 million for five years, with 148 employees in 2015.
  • Green Bay Converting Inc.: $3.5 million for five years, with 128 employees in 2015.
  • Sofidel America Corp.: $22.2 million for five years, with 66 employees in 2015.
  • York International (Johnson Controls): $1.8 million for five years, with 199 employees in 2015.
  • Bio Soil Enhancers: $124,300 for five years, with 24 employees in 2015.
  • C.L. Dews & Sons Foundry: $1.5 million for five years, with 113 employees in 2015

Copyright WDAM 2016. All rights reserved.

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