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Car hauler to add jobs in tax deal


Published: Fri, October 17, 2008 @ 12:00 a.m.

By John W. Goodwin Jr.

The company will add 30 new jobs.

LORDSTOWN — A village company will use an enterprise-zone agreement approved by county commissioners to expand and add additional employees.

Cassens Transport Co./Cassens Land Inc. will receive tax incentives of 75 percent for 10 years on the construction of a 24,000-square-foot building for its trucking operation.

The company plans to hire 30 new employees and retain the 120 already employed at the Lordstown operation.

Susanne DeGennaro, an attorney representing the company, said at Thursday’s commissioners’ meeting that the company primarily hauls cars. The expansion will handle General Motors products hauled by the company.

The company, according to documents submitted to the county, plans to spend a maximum of $2.3 million on construction, $75,000 on furniture and fixtures, and $110,000 in inventory.

Lordstown Village Council approved the enterprise agreement earlier this week. In documents submitted to village council, the company says it expends about $7.2 million in annual salary. That amount will be increased by $1.8 million with the expansion.

Walter Good of the Regional Chamber said all indications are that the project would not have moved forward without the tax incentives now approved by the village and county commissioners.

“Moving forward with the project is contingent upon receiving the abatement. The project is 100 percent contingent upon that,” he said. “This is an exciting project. It helps the company, it will help General Motors, and we will continue to work with the company on any issues.”

Commissioner Dan Polivka said commissioners were happy to approve the tax agreement and keep the company operating in the county.

“They will be adding 30 additional jobs, and this will make them more competitive in the marketplace. We appreciate the company choosing Trumbull County and staying here. We wish them the best in this new endeavor,” he said.

jgoodwin@vindy.com


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