ATD central Illinois distribution centre approved
American Tire Distributors is building a new $6 million distribution centre in Illinois, reports Tire Review. Earlier this week, the Morton (Illinois) Economic Development Council voted unanimously to give ATD a two-year, 60 per cent property tax abatement in 2013 and 2014 to help it deal with soil problems on the 11-acre site selected for the new warehouse. Four other Morton taxing bodies must still approve the tax abatement, but it is expected to pass easily, according to local reports.
The estimated $134,000 in tax abatements ATD will get are expected to pay for soil removal and replacement on the site – the result of the previous owner – estimated to cost about $150,000.
The planned 120,000-square-foot distribution centre will employ 40 people, the council said. With the new Morton facility, ATD will have 97 distribution centers in 40 states.
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