County gives 10-year tax break to Aurora Flight Sciences
by Associated Press
Published: January 3,2014
COLUMBUS — Lowndes County has given Aurora Flight Sciences a 10-year property tax exemption for its investment in the final expansion of its facility.
Without the exemption, the unmanned aircraft manufacturer would have paid $9 million to the county in taxes through the next decade. The amount equals what Aurora invested in a 30,000-square-foot addition to its facility.
The Commercial Dispatch reports that the exemption agreement applies only to ad valorem and does not affect school taxes.
After spending two years at a temporary site at Mississippi State University, Aurora opened a 22,000-square-foot plant near the Golden Triangle Regional Airport in 2007. A year later it built a 66,000-square-foot addition. The company received 10-year exemption for each of those projects.
The final expansion opened last January.
Aurora employees about 250 people.
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