HARTSELLE - Busche Enterprises expects to bring 200 jobs to the Hartselle area within the next three years after purchasing the Emerson Climate Technologies plant in October.
The Hartselle City Council unanimously approved a resolution Tuesday night to abate noneducation taxes for the $20 million site, located on 48 acres near Thompson Road and Interstate 65.
The Indiana-based company, which worked with CP Compressor to buy the 263,000-square-foot facility, will receive about $54,000 in property abatement during a 10-year period and a $475,000 break on sales tax during construction. Busche will pay about $500,000 in education taxes.
Hartselle Councilman Ken Doss said the new Busche plant is a significant gain for Hartselle after Emerson Climate Technologies, formerly known as Copeland, Inc., announced it was closing in February 2010 and dwindled to less than 30 employees.
"It's very positive to get someone to actually take over the assets there," he said. "Copeland was a thriving business for many years, and we lost a lot of jobs. Hopefully, Busche will provide more quality jobs out there."