A Plymouth factory has gotten its tax abatement request approved by the city. The Common Council Monday approved a seven-year personal property tax abatement for WestRock. The company’s planning to make $5.2 million in equipment upgrades at its Plymouth facility.
Marshall County Economic Development Corporation Executive Director Jerry Chavez told the council Monday that level of investment says a lot about the community, “WestRock has a longstanding history in this community, from its early days to where we see it today. It’s very unusual for a company to invest $5 million in any community. And having said that, I think we can all be very proud of the fact that this company has continued to invest that type of capital in this community. It shows a sign that they feel very strongly about their position in the marketplace, but more importantly, they feel that this is a place where they can remain profitable, if you will, and continue a long history in the business.”
WestRock General Manager Jim Janus had previously told the council the Plymouth operation has grown from 30 to 100 employees over the past eight years. He said the new equipment will improve efficiency and free up space for future growth in the facility, which manufactures packaging used at fast food restaurants.
The Plymouth Common Council approved the tax abatement request unanimously.