Business Requests Tax Exemption

A Three Rivers-based machine shop and its request for a 50-percent industrial facilities tax exemption will be at the center of a Feb. 21 public hearing.

The 6 p.m. hearing for R & H Machine Products was set Tuesday by Three Rivers Mayor Tom Lowry and members of the city commission.

If granted, the 12-year request would be applied to the addition of new machinery worth more than $275,000. The new equipment is allowing the company to retain 13 jobs and add two more positions.

Company president Denny Grice told the board the Swiss-style lathe is the fifth major machinery purchase the company has made in seven years.

Lowry and commissioners spoke in favor of the proposal and thanked Grice for his commitment to Three Rivers.