New Albany City Council unanimously approves incentive package for Sazerac
With a unanimous vote Monday night, New Albany City Council approved a major incentive package for Sazerac to move into the old Pillsbury plant.
NEW ALBANY, Ind. (WDRB) -- With a unanimous vote Monday night, New Albany City Council approved a major incentive package for Sazerac to move into the old Pillsbury plant.
Last week, Buffalo Trace producer Sazerac announced plans to invest in the old Pillsbury plant to convert it into a processing, blending, packaging and distribution center.
The incentive package that council members approved includes a $2.9 million property tax break.
"I really didn't think that I would see some type of industry going back into that spot," city councilman Dave Barksdale. "I just thought it was old and old dated. What would we see there?"
Initially, there will be about 50 workers at the new facility with plans to expand that to around 110.
"In my seven years on the council, I think this is one of the biggest things to happen to New Albany, particularly with bringing jobs here," city councilman Greg Phipps said. "I cant imagine anyone here tonight would vote against it."
Sazerac is investing $66 million into the project and operations could start as early as November.
Copyright 2018 WDRB Media. All rights reserved.