BRIEF: City Council endorses Nexolon for state tax break

Source: San Antonio Express-NewsAug.迷你倉價錢 30--San Antonio City Council nominated controversial CPS Energy supplier Nexolon America LLC today for a state program that would allow it to get a rebate for up to $1.25 million in state sales tax over five years.The council's request that Nexolon's solar panel manufacturing plant be considered a Texas Enterprise Project would allow the program to receive the tax rebate under the state's Texas Enterprise Zone program, which allows communities to partner with the state to o迷你倉fer incentives to companies that create jobs in economic disadvantaged areas.Nexolon America is a key contractor for CPS Energy's solar power project, which is led by OCI Solar Power. Last month, OCI Solar Power bought a majority stake in Nexolon America from its financially troubled parent company, Nexolon Co. Ltd.nhicks@express-news.netTwitter: @ndhappleCopyright: ___ (c)2013 the San Antonio Express-News Visit the San Antonio Express-News at .mysanantonio.com Distributed by MCT Information Services儲存