Timber business on way
Published 1:27 pm Wednesday, March 15, 2006
By By MARY-ALLISON LANCASTER – Managing editor
A new business waiting for a tax abatement approval from the Brewton City Council announced Tuesday it will be making its home in the Brewton Industrial Park.
McArdle Enterprises is a manufacturer of heart pine flooring, pine beams and skirting. Council members granted the non-educational property tax abatement during Tuesday's meeting.
Jim Byrd, speaking on behalf of Seamus McArdle, president of the new business, also asked council members to consider any construction related taxes levied from nondeductible taxes.
By granting the tax abatement, McArdle Enterprises is expected to save $5,900 per year over a 10-year period, with a total savings of $17,276.
McArdle is moving his business from Crestview, Fla.
Capital investment figures presented by Byrd estimated more than $1 million will be generated within the first year of opening.
The company plans to hire an inital seven employees and add 10 workers over the next year.
McArdle Enterprises also exports to Europe and has plans to wholesale within the United States as well.
Gov. Bob Riley said in a prepared statement, “On behalf of the people of Alabama, I welcome McArdle Enterprises to Escambia County and the new jobs it is bringing with it. Our state's economy is surging and record numbers of new jobs are being created all across the state.”
McArdle, who attended the City Council meeting, said he had just returned from a visit to Ireland and was glad he could relocate his business to Brewton.
The company is expected to begin production of their flooring product by the end of April.