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Incentives Approved for Terre Haute Tyre Recycling Plant

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Bolder gets Incentives for Terre Haute Plant




The Terre Haute City Council has approved two tax abatements for Bolder Industries which is setting up shop in the city. Bolder Industries Inc. is investing $40 million to establish a used tyre recycling operation at the former Pyrolyx USA facility.




The council approved both a personal and property tax abatement for the project, each of which will last for 10 years.




Bolder Industries set out detailed plans for the project in December 2021. The original plans claimed up to 40 new jobs by the time the plant is operational in 2023. However...

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