Lancaster offers a wide array of advantages to expanding or re-locating enterprises. Certainly location and quality affordable workforce are two of these competitive advantages, but in addition, local incentive packages that meet the critical needs of the prospect are available for projects that meet the program criteria.
City and 4A Incentives:
Triple Freeport Exemption - Businesses that expand or relocate into the community can qualify for Freeport exemption. This affords the business a property tax exemption on inventory kept in the facility less than 175 days. Training - The City of Lancaster has partnered with area institutions of higher education to offer training for employees in a variety of fields.
The City's Economic Development professional staff is available to assist in achieving a "win-win" solution. If you have questions, please contact our office at (972) 218-1314 -OR- send e-mail to: Ed Brady - ebrady@lancaster-tx.com. |