A building owner will get a tax break to build an expansion for a growing aerospace company in Franklin.
Franklin City Council members approved a tax abatement for J.M. Stevens Enterprises for a $200,000 expansion at 215 Industrial Drive. The abatement will phase in property taxes over a seven-year period, saving the owner $28,306 in taxes, according to paperwork filed with the city.
The 4,000-square-foot expansion will create more room for Sargent Aerospace and Defense, which plans to add at least three new jobs with salaries totaling $133,120.