Tax breaks approved

Trumbull County Commissioners on Wednesday approved tax breaks for a Hubbard business that is looking to expand.

Evets Oil and Gas Construction will receive a 75 percent tax break for 10 years on their new $2.5 million expansion at their Erie Street facility.

The expansion will include new fabrication and paint shops, plus office space and is expected to create 30 jobs in three years.

CEO Rex Ferry said the oil and gas shale boom is the driving force behind the expansion. He said he expects the expansion to be complete by mid-November.

“We purchased Evets Electric back in 2003 and we have a leg up on what is going on in the Valley,” Ferry said. “We have worked all over the United States in this industry and we have seen what is going to happen. The Marcellus Shale has been big for us.”

WKBN 27 First News provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. No links will be permitted. Please be respectful of the opinions of others. If you see an inappropriate comment, please flag it for our moderators to review.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s