We have a brand new updated website! Click here to check it out!

City Council to consider tax incentives for GEO Chemicals LLC

HUTCHINSON, Kan. — The Hutchinson City Council will take action on a proposed tax incentive program for GEO Chemicals LLC during Tuesday’s agenda session.

Geo Chemical wants to begin operation of a manufacturing and storage facility for chemicals used in the oil and gas drilling industry. The company will use a building on the old Consolidated Manufacturing property plus build a new facility. Eventually, the company would like to establish a new facility in the Enterprise Industrial Park.

While the company is looking at full 100% abatement on taxes, the city is proposing a less amount of eight years. The city is offering a ten-year abatement starting at 95% of property taxes which will decrease over the period eventually falling to 50% over the last five years.

The company with its current headquarters in Enid Oklahoma hopes to employ up to 100 people in the future as it looks to expand its business footprint into Kansas and the eastern portions of Oklahoma and Texas.

Copyright Eagle Radio | FCC Public Files | EEO Public File