Fenton plans to restructure, could be sold
Asked if this could mean closure of the century-old glass factory, Fenton said, “We’re trying not to do that.
“This has to do with financing and cost structure, and involves a variety of options that we’re considering,” he said. “But there’s nothing firm at this time.”
Looks like Fenton Glass will be the first of many local companies to ask for a similar break to the HINO Deal, and why not. Already folks are asking the Assessor how much more money will we have to spend from this deal, if any!
Officials: Hino financial impact on schools not known
By "impact" they mean new money into the coffers. By the time the county receives revenue from HINO, it will most likely just off set departing businesses tired of buying their own equipment and paying the full tax burden.
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