Business & Tech
Meriden Considers Tax Breaks For Manufacturers
A proposal would encourage companies to increase the number of manufacturing facilities in the city.
MERIDEN, CT — A proposal supporting the growth of manufacturing in Meriden is heading back to committee, The Meriden Record-Journal reported. The proposal would allow any company the operates two manufacturing facilities in the city to open a third facility that would be eligible for tax abatements.
The tax abatement would have an eight-year term and would have a 25% real estate assessment of the property being considered.
Read the full story in The Meriden Record-Journal.
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