Tax Break Lures Firm To Post Falls
A Spokane Valley company that makes parts for Boeing and other aerospace companies is moving to Post Falls next year to take advantage of a new Idaho tax break. Advanced Thermoplastic Composites Manufacturing, also known as ATC, will transfer its 70 jobs from Spokane Valley, and expects to add about 50 more jobs in Idaho over several years. The company is building a $4.9 million, 65,000-square-foot facility in Post Falls, the state of Idaho recently announced. Company founder and President Dan Jorgenson started the company in 2006, leaving his previous job at Triumph Composite Systems on Spokane’s West Plains. ATC is the first Washington company to take advantage of Idaho’s new tax reimbursement incentive program, adopted in the Gem State in July, said Jeff Sayer, the director of Idaho’s Commerce Department/ Tom Sowa , SR. More here.
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