Morton Salt, Inc.
Company History
Morton Salt, Inc. is a food grade salt manufacturing company which has been in business in Silver Springs, NY for over 137 years. Morton Salt has been one of the County’s largest employers and currently employs 148 people.
Project Description
Morton plans to construct a 30,000 sq. ft. clear span warehouse to use for storage of food grade salt products manufactured at the plant. The onsite product storage will reduce the need for third party warehousing and improve efficiencies and profitability. The total capital investment for the project is $6,250,000.
Request
The Company requests abatement of sales tax on construction materials and non-production equipment, and a 10-year PILOT agreement for temporary abatement of property tax using the standard UTEP project schedule. Approximate value of these incentives is expected to be more than $100,000; therefore, a public hearing was held on November 4, 2021.
