Special to the Enquirer

Council approves tax abatement for Mobex Global expansion

By Rebekah Yancey

rebekah.yancey@hartselleenquirer.com

 

Mobex Global Hartselle, formerly Busche Performance Group, will invest an additional $499,000 in payroll dollars and bring 12 new jobs to Hartselle by the end of January 2022, according to Morgan County Economic Development Association president Jeremy Nails.

The equipment investment in the expansion of the company’s CNC business will total $3,976,950 in manufacturing machinery and equipment, Nails added.

The Hartselle City Council voted to approve tax abatements for the company’s expansion.

The abated taxes total $89,481 sales and use tax, with $59, 654 of that total being state of Alabama taxes and $29,827 belonging to the City of Hartselle.

Through the expansion, Nails said a total $14,914 in educational sales and use tax will be created that will benefit all school systems in Morgan County.

Mobex Global also requested a 10-year property tax abatement on the new equipment that totals $102,545. Of that total, $18,596 is state of Alabama property tax over the 10-year time period, while $26,566 will be abated from the City of Hartselle and $57,383 from Morgan County.

The abatement will also create $106,795 in educational property tax over a 10-year period, with more than $60K and $30K benefitting Hartselle City and Morgan County schools, respectively. An additional $15,939.62 will be created for the state of Alabama in education funds.

Nails said the average annual salary for new jobs with Mobex Global, not including a benefits package, is $46,200. Currently the company employs 152 employees, with a projected annual payroll of $7.1 million.

Representatives from Mobex Global said the new automated equipment is scheduled to arrive in mid-November and mid-December, with the installation happening in January.

In other business, the council:

-heard the introduction of Ordinance 1556 on the update of the general sign ordinance that would amend certain aspects of the ordinance regarding size regulations and neutral content

-heard the introduction of Ordinance 1558 on the adoption of 2021 building codes

-authorized the mayor to sign an application for an Airport Rescue Grant Program in the amount of $32,000

-authorized the mayor to sign an agreement with Midwest Tape for the William Bradford Huie Library to continue to use the platform for digital books

-approved a special event permit for the Hartselle Area Chamber of Commerce for Santa at the Depot, Nov. 7 from 1-4 p.m., which will require the closure of Railroad Street

-approved an alcohol license for Main Street West Gallery

-considered the job description for a part-time security officer for the new municipal building

-considered a budget adjustment for Hartselle Parks & Recreation

-considered approval of the quarterly safety award winners

The city council will meet again Nov. 9.

FRONT PAGE FEATURED

College Street Players to present Newsies: The Broadway Musical

FRONT PAGE FEATURED

HU adjusts rates for water, sewer and natural gas services

FRONT PAGE FEATURED

Town Council helps Priceville Elementary furnish school 

FRONT PAGE FEATURED

Hartselle City Schools hires three math coaches for 2024-25 school year 

FRONT PAGE FEATURED

Crestline students rock Alabama Stock Market Games, poster contest

FRONT PAGE FEATURED

New EMA director worries and plans for a living

Falkville

Jonna’s journey: Local woman battles Glioblastoma with unyielding faith 

FRONT PAGE FEATURED

Sheriff’s Office opens applications for 2024 youth academy

Brewer

MCS Technology Park to host STEAM summer camp for middle school students 

FRONT PAGE FEATURED

Bridging the gap: Hartselle Historical Society launches guided walk downtown bringing history to life

Falkville

Storm shelter companies see increase in calls for installation

Falkville

Morgan County rabies clinic to be held June 1

Eva

Community class reunion celebrates Morgan schools

FRONT PAGE FEATURED

Hats off: Class of 2024 graduates from Hartselle High School

FRONT PAGE FEATURED

City adjusts garbage routes for Memorial Day

Falkville

Larry Madison has been a pillar in Falkville for four decades

Hartselle

Hartselle trio nominated for two K-LOVE awards

Hartselle

Hartselle students chosen to attend Girls State

FRONT PAGE FEATURED

Hartselle Kiwanis Club continues scholarly legacy with annual golf tournament

Editor's picks

Heartbreaking finish: Hartselle comes up a run short in state baseball finals

Decatur

Fallen Morgan County officers remembered, families honored  

FRONT PAGE FEATURED

Hartselle drops Game 1 to Hillcrest, needs two wins for state title

FRONT PAGE FEATURED

Despite title loss, Hartselle thankful for state experience 

Editor's picks

Hartselle baseball legend dies

x