Owens-Brockway Facility Receives Tax Abatement

(photo courtesy of The Herald Bulletin)

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The Madison County Council has approved tax abatement for the Owens-Brockway glass facility in Lapel. Our partners at The Herald-Bulletin report the incentive was granted to allow the company to expand its product line.

Currently, the plant produces 2.5 million bottles per day and runs two furnaces with four production lines. The company tells The Herald-Bulletin it is investing $19 million to upgrade its equipment and retain 216 employees.

Rob Sparks, executive director of the Corporation for Economic Development tells The Herald Bulletin the facility is one of the largest in the country to manufacture glass bottles. Plant Manager Skip Jungelaus tells the publication the Lapel plant was bought by Brockway in 1950 and then was sold to Owens-Illinois in 1988.

The tax abatement calls for the equipment upgrades to be completed by 2024

You can read the full story from The Herald Bulletin by clicking here.