High on HINO

State buys nearly 12-acre tract next to Hino plant

"In addition to the buying property adjacent to Hino, Burdette said the Wood County Commission will approve an abatement of property taxes on the facilities equipment, meaning the equipment will not be taxed.

The state is spending $5 million to purchase equipment for the Hino plant and then leasing it to the company for 15 years".

So far sounds similar to the deal Toyota cut in Mason County. While local small businesses struggle to pay these taxes others make a deal. Many local companies simply leave West Virginia and locate elsewhere, many times just across the border to avoid taxes on new equipment needed to expand.