Bourbon Town Council Approves Tax Abatement for Shells, Supports Project HOPE

BOURBON — The Bourbon Town Council held a Public Hearing during their regular March meeting regarding a Personal Property Tax Abatement request on the estimated capital investment of $5.8M on behalf of Shells Inc. Director of Marshall County Economic Development Corporation (MCEDC) Greg Hildebrand was present to explain the investment and to answer questions. The company is installing a 3D printer to print sand cores at a faster rate to satisfy consumer demand. The council approved the abatement; the total tax savings after seven years will total $133,586.

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Bourbon Town Council Considers Tax Abatement Request

BOURBON — Greg Hildebrand, Interim Director of Marshall County Economic Development Corporation (MCEDC), approached the Bourbon Town Council regarding a Personal Property Tax Abatement request on the estimated capital investment of $5.8M on behalf of Shells Inc. The total tax savings after seven years, if approved, would total $133,586.

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