Elitsac, Inc.
Company History
Elitsac, Inc. has been serving Western New York with lumber, building materials, rental equipment, and hardware since 1870. Elitsac (Castile spelled backwards), has been a Women Owned Small Business (State WBE and Federal WOSB) since 1996 and is an independently-owned member of Do it Best Corp., the only US-based, member-owned comprehensive and fully integrated hardware, lumber and building materials buying cooperative in the home improvement industry. Elitsac’ s online catalog features 67,000 items available for purchase with fast and free delivery to their store. Elitsac serves the local community and the Buffalo and Rochester areas with rental equipment, offering anything from mid-large size construction equipment rentals to tool rentals.
Project Description
Elitsac has plans for the construction of a 12,000 sq. ft. post frame building to replace the 100 year old building, to serve as office space and allow for better efficiencies, improve customer experience and business expansion. The total capital investment of $1,691,800 is planned. Elitsac, Inc. currently employs 21 people and expects to create 8 new jobs over the next 3 years.
Request
The Company requests abatement of sales tax on construction materials and non-production equipment, a mortgage tax exemption and a 10-year PILOT agreement for temporary abatement of property tax using the standard UTEP project schedule.