Chicago Heights offers lower taxes for pharmaceutical company, body shop

2013-01-08T18:15:00Z Chicago Heights offers lower taxes for pharmaceutical company, body shopPaul Czapkowicz Times Correspondent nwitimes.com
January 08, 2013 6:15 pm  • 

CHICAGO HEIGHTS | The City Council on Monday approved an economic development incentive application that, if approved by Cook County, is expected to lead to a major expansion of the Pfizer/Alpharma facility at 400 State St.

The Class 6(b) incentive would lower real estate taxes for the company that is planning a $5 million construction project.

The Chicago Heights facility produces an antibiotic for animals.

"This project is to take the API, or active pharmaceutical ingredient (and) convert it into a granule," site Director Larry McGrenera said. "The project is to put in a building to house the compactor, the blending operation and all of the processing equipment in order to produce that product."

Pfizer/Alpharma has been in the city since 1981. It currently employs about 100 people in Chicago Heights. The planned expansion would likely add at least eight more full-time jobs.

Mayor David Gonzalez cited the additional utility taxes that would be generated from the expansion and also the potential for an increase in water sales.

"It has a lot of positive effects on the city," Gonzalez said. "It's not always just the property taxes that some people think come with expansion."

Also on Monday, the City Council approved a renewal application for a Cook County Class 8 tax incentive on behalf of Riverdale Body Shop, 311 S. Halsted St.

If approved by the county, that incentive also would reduce real estate taxes for the business.

"In order for Riverdale Body Shop to continue to be a viable business, they feel that it's important that this particular incentive stay intact," said Joe Kudra, economic development director.

Owner Jerry Seida said his business has 13 full-time employees in Chicago Heights. Riverdale Body Shop currently has nine Chicago area locations, but Seida said the store in Dolton will close.

"We've been taxed out of existence," Seida said. "We need to increase our workload at other places, which is a benefit to places like here in the Heights and elsewhere."

Seida said his company has recently gone "green."

"All our paints are water-based now," he said. "We went away from solvent."

Copyright 2013 nwitimes.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Follow The Times

Facebook

on Facebook

Twitter

on Twitter

Email

Get email updates from

Email Updates

RSS

Follow via RSS

RSS Feeds

Latest Local Offers

Kovenz Memorial
Limited time offer! Hurry while inventory lasts!

Jet Black monument with waterfall etching.

Schererville Family Dentistry
$100 off dental treatment with this offer. NEW Patients only.

Not to be applied toward account balances or dental servi…

Indiana Furniture Showcase Inc
Memorial Day Ultimate Coupon Pre Event. The more you buy the more you save!

Now thru Monday May 20th! 219-465-0545 www.indiana-furniture.com

FREE Estimates! Affordable Maid Service – Call Cleaning Maid Easy, Inc

You can rest easy while Cleaning Maid Easy helps you get your …

Featured Businesses

National Video

Newsletter Sign-Up