Tysons foods is due for a property tax abatement.
The Potter County Commissioners Court also approved a reinvestment zone. The approval will allow for a ten-year tax abatement starting at 100 percent And decreasing by that much each year.
Potter county will not see any tax money until after the second year and the third year will produce more, and no new employees will be added, but the company will keep all of its current employees.
Tyson is planning a 200-million-dollar expansion that’ll add 78-thousand-square feet to the harvest floor and 65 thousand square feet of employee amenity space including lockers and a cafeteria.
Currently, the project is in the planning stages and is estimated to be complete by 2026.