Steel distributors get $7.5 million IRB to finance SLC expansion.

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Bibliographic Details
Title: Steel distributors get $7.5 million IRB to finance SLC expansion.
Authors: Rattle, Barbara
Source: Enterprise / Salt Lake City. 3/24/2008, Vol. 37 Issue 39, p3-3. 1/6p.
Subjects: Industrial development bonds, Alta-Steelco LLC, R & S Steel (Company), Commercial building design & construction, CRC Construction (Company), Salerno Architects (Company)
Geographic Terms: Salt Lake City (Utah), Utah
Abstract: The article reports that Steelco and R&S Steel have received approval for a $6 million tax exemption and $1.5 million taxable Industrial Revenue Bond (IRB) from Salt Lake City, Utah to finance its expansion. The company says that the funds will be used to renovate an existing building which will cost $9.6 million. The expansion will create 25 new jobs. The companies hired CRC Construction and Salerno Architects for the project.
Database: Regional Business News
Description
Abstract:The article reports that Steelco and R&S Steel have received approval for a $6 million tax exemption and $1.5 million taxable Industrial Revenue Bond (IRB) from Salt Lake City, Utah to finance its expansion. The company says that the funds will be used to renovate an existing building which will cost $9.6 million. The expansion will create 25 new jobs. The companies hired CRC Construction and Salerno Architects for the project.