The Knox City Council last night tabled a motion to allow a ten-year tax phase-in for Reagent Chemical and Research.
Plant Manager Tim Gunter asked the council to approve the phase-in to allow him to expand the business to the tune of approximately $2.5 million in manufacturing equipment, building expansion, and new construction. In addition, Gunter said Reagent would be adding at least 11 jobs with nearly $300,000 in new wages.
