 |
 |
|
|
 |
|
Left:
Andy
Spano, County Executive.
Right: Sal Carrera, Director
of Economic Development & Real Estate.
|
|
|
|
|
TERRA
TILE EXPANDS WITHIN WESTCHESTER
Small business
is the heart of Westchester’s economy--employing over 70%
of Westchester’s workforce. With County Executive Andy
Spano making it a priority to find innovative ways to help small
business, the Westchester County Industrial Development Agency
(WCIDA) now offers small business assistance. Most recently,
the WCIDA agreed to exempt Terra Tile of Briarcliff Manor from
paying certain sales and mortgage taxes. Terra Tile, which sells
and installs tile and stone for flooring, countertops and walls,
will be constructing a $1.3 million, 30,000-square-foot building
at Schuman Street, Millwood, NY, for fabricating and storing
its products. The company is located at 525 North State Road
in Briarcliff Manor, NY. |
|
|
|
|
|
|
WESTCHESTER
COUNTY INDUSTRIAL DEVELOPMENT AGENCY (WCIDA)
Contact: Teri Waivada, Executive Director
Phone: 914-995-2916
Email: tgw1@westchestergov.com
Businesses planning to expand or relocate to Westchester County
can access a broad range of financing resources, such as tax
exempt and taxable bond financing. Additionally, the WCIDA can
also exempt a company from paying sales tax on the purchase
of equipment, furniture and fixtures (including computer equipment
and software) if the benefits will help the company improve
its competitiveness, remain in the county, create new jobs or
retain existing jobs. Small businesses spending at least $100,000
or more on eligible purchases may apply for these sales tax
benefits. Exemptions are for purchases for use at the company's
Westchester location for a period not to exceed 5 years. Purchase
of a new building as well as rehabilitation and new construction
can be exempted from the NYS Mortgage Recording Tax. |
|
|
|
|
|
|
Sign up
for your own free copy!
If you have received Business
Briefs from a friend, why not sign up for your own free copy!
... Click
here
|
|
|
