State Senator Jeff Mullis told the Chattanooga Times – Free Press that there are suppliers for the Volkswagen Plant in Chattanooga that are eyeing Chattooga County as a potential site for new businesses that would supply the auto maker. 

Mullis along with Chattooga County Commissioner Jason Winters spoke with the paper in an article that was featured in the Sunday edition of the paper.  Commissioner Winters stated that Chattooga County is in a unique position.  Because Chattooga County ranks as one of the lowest counties in economic development in Northwest Georgia, potential employers are eligible for tax credits as an incentive to locate here in the county. 

Under the 2009 guidelines, new or expanding businesses that create at least five jobs in Chattooga County would receive a $4,000 annual tax credit, according to data from the Georgia Department of Economic Development. The same business would have to create 10 jobs to get a $3,000 break in Walker County or 15 jobs for $1,750 in Dade County, records show.  

To see the article from the Chattanooga Times – Free Press click here:

www.tradingmarkets.com/.site/news/Stock%20News/2513947/