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Abilene Times

Thursday, November 7, 2024

Abilene City Council approves economic incentives for two industrial expansions

Abimar

Contributed photo

Contributed photo

The Abilene City Council recently approved economic incentives under the Development Corp. of Abilene for both Hartmann’s Inc. and AbiMar Foods.

The contract with Hartmann’s falls under DCOA’s Project ISO and involves up to $900,000 in incentives for building improvements and equipment, according to the Abilene Reporter News.

The company is expanding into an existing 100,000-square-foot facility at the Five Point Business Park.

Under the agreement, Hartmann’s – which makes precision parts for the aerospace, aviation, medical and automotive industries and more – will retain its 27 staff and add an additional 70 positions over a seven-year period.

The expected investment into the purchase and renovation of the building is $12 million.

A news release from the DCOA said that Hartmann’s has a 65-year history in the Abilene, and the expansion into the new facility will allow them to maintain their production levels while also taking on new contracts and production.

The facility is expected to serve as both the company headquarters and to house its manufacturing operations.

The AbiMar Foods effort falls under DCOA’s Project Windmill, according to the Abilene Reporter News.

AbiMar – which makes cookies for the national and international markets – is expected to expand warehousing through the purchase of a building it already leases from DCOA.

Under the contract approved by the City Council, AbiMar would purchase the 187,000-square-foot building, as well as 9.95 acres adjacent for future expansion.

“Securing future growth of local companies like AbiMar is a primary strategy for our community’s future success," Misty Mayo, Development Corp. of Abilene president and CEO, said.

According to the DCOA, AbiMar serves customers ranging from small local retailers to Fortune 500 companies and has created more than 500 jobs in the past decade.

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