FEDA considers business’s expansion plans
FAIRMONT— At the Fairmont Economic Development Authority (FEDA) board meeting on Monday, the board learned about a business subsidy application from Cress Refrigeration for tax abatement. Economic Development Coordinator, Ned Koppen, said that Cress Refrigeration bought property on Bixby Road and plans to build a new facility there. “The story that they have is they want to grow. That growth would be growing by about 40 percent. Staff wise they want to add two technicians and an office manager. Without the abatement they don’t feel that they can do it. With the abatement, it ...




