Monday, September 19, 2016

Manufacturer to add 400 jobs in Batesville

Posted By on Mon, Sep 19, 2016 at 10:13 AM

click to enlarge MORE COMING: One of the utility vehicles made by Intimidator, which is expanding in Batesville.
  • MORE COMING: One of the utility vehicles made by Intimidator, which is expanding in Batesville.

Arkansas's economic development agency said this morning that Intimidator Inc., which makes 4x4 utility vehicles and "zero turn" mowers, will expand an existing facility in Batesville and build a second in the Independence County Industrial Park, a reported $12 million investment projected to add 400 jobs over four years.

Intimidator Inc. is owned by Robert and Becky Foster. They also own Bad Dawg Accessories, which sells accessories for UTVs, Spartan Mowers, and Gourmet Guru Grill. They currently employ 111 in Batesville.

Checking on the incentive package. It appears the city and county also are playing a role in the industrial park expansion.

UPDATE: Arkansas Business lists these incentives:

Create Rebate, which provides a cash rebate equal to 4.25 percent of annual payroll associated with the new jobs for five years.

Tax Back, which provides sales tax refunds on building materials, taxable machinery and equipment associated with the expansion.

$1.5 million in Community Development Block Grant Funds.

Tags: , , ,

Favorite

Speaking of...

Comments (2)

Showing 1-2 of 2

Add a comment

 
Subscribe to this thread:
Showing 1-2 of 2

Add a comment

More by Max Brantley

Readers also liked…

  • Child abuse: What about the victims?

    A guest writer in the Arkansas Times, a victim of child sexual abuse, says Arkansas sends a message that it condones abuse by a lack of consequences for the Harrises and Duggars.
    • Jun 3, 2015
  • AHTD asks Metroplan to lift six-lane freeway cap

    The board of directors of Metroplan has informed the state highway department that it cannot act on the highway department's June 17 request to lift its six-lane freeway cap at the board's June 29 meeting. Consideration of the request should take four months, Jacksonville Mayor Gary Fletcher wrote June 22 to highway department Director Scott Bennett.
    • Jun 23, 2016
  • The power down open line and video roundup

    Over to you.
    • Jun 19, 2015

Most Shared

Visit Arkansas

1.73-carat diamond found at Crater of Diamonds State Park

1.73-carat diamond found at Crater of Diamonds State Park

Jack Pearadin and Doug Nelsen found a 1.73-carat diamond after nearly a year of searching the park's field.

Most Viewed

Most Recent Comments

Blogroll

 

© 2017 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation