Arlington Council To Vote On GM Expansion Tax Break

ARLINGTON (CBSDFW.COM/KRLD) – The Arlington General Motors plant may get a tax break that could bring a major plant expansion.

Monday night the Arlington City Council is set to vote on whether or not to give GM a tax break as incentive for the company to pick the Arlington plant for expansion.

The tax break would include a 90-percent tax abatement.

“Our potential plans call for an approximate $250 million investment in machinery, tooling and equipment and an expansion of the existing body shop facility,” plant manager Paul Graham said last week during a Tarrant County Commissioner’s Court meeting. “The investment has the potential also to add 110 jobs.”

If the Arlington council approves the tax break it would save GM more than a million dollars a year. But Graham stressed, “It is important to note the that final determination will be based on the overall business case for the project.”

Supporters of the tax break say the $13.5 million expansion would put the Arlington plant in a position to “build the next generation of SUVs.”

There is competition within GM to win the plant expansion.

The GM Arlington plant has more than 2,300 employees.

Comments

One Comment

  1. darrell says:

    somewhere along the route to come to this decision i would like for just once to see the city of arlington not assume that their taxpayers enjoy picking up the tab on the cost of these types of gifts to fortune 500 companies and greedy billionaires.

  2. Nonya says:

    Why? Just to get federal dollars for the expansion? GM still has NOT paid back their loan. They money they used to pay back their bailout was from another escrow account (TARP). The taxpayers have lost 11 BILLION dollars on their IPO. Why oh, why are we giving them more breaks? I am really liking my decision to leave Arlington every week.

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