Recently approved for a 50 percent tax abatement on new construction, Krestview Woodcrafts, which produces the LuxCraft brand of outdoor furniture, is gearing up to add a new 56,000-square-foot warehouse to its growing complex along County Road 144.
MILLERSBURG — Although approved for a partial tax abatement, the expansion of a local business is expected to bring in additional jobs, wages and an estimated $30,000-$40,000 in property taxes over the next 10 years.
The Holmes County commissioners on Monday approved an enterprise zone agreement with Krestview Woodcraft, located at 1274 County Road 144, Sugarcreek. The business makes wood and poly outdoor furniture and lawn structures— gazebos, pavilions and pergolas — and is owned by Brian L. Mullet, Marlin R. Mullet and John L. Mullet.
Approval of the enterprise zone will help to facilitate expansion of the company's…show more content… “We're happy the word is getting out about the enterprise zone program. This is a good company — a family operation — that started small and grew over the years. We like to see businesses like this grow in Holmes County,” said Leininger, who said many businesses, like Krestview, are unaware of the program or inquire too late.
“Often they're ready and have their contractors lined up. But, the process takes a long time, and it often comes down to delaying or forging ahead without an enterprise zone,” said Leininger, glad Mullet contacted him far enough in advance.
As part of the agreement, Krestview Woodcraft will commit to creating three new full-time jobs in the three years following completion, according to Leininger. Construction is slated to begin in September and should be completed by May.
The additional payroll represents $140,000 annually. The company currently employs 29 full-time employees, who earn a total annual payroll of about $1.4