CHARLESTON, W.Va. -- While a business that Putnam County commissioners offered a tax break hasn't said whether or not it will open in the Putnam Business Park, another company in the park will announce an expansion next week, according to the director of the county development authority.
Gary Walton said he couldn't reveal the name of the company or any details about its expansion until a formal announcement is made next week.
"I've known about it since March, but I don't want to take the glory away from their announcement," Walton said.
Last month, Putnam commissioners offered an unnamed business interested in a spot in the Fraziers Bottom park a payment-in-lieu-of-taxes deal, which would grant the company a 20 percent tax deduction on real property for 20 years.
The county owns the land and justified the tax break saying the company would bring in at least 70 jobs. Walton said a decision from the company could be announced by the end of the month.
The Putnam Business Park, located along U.S. 35 in Fraziers Bottom, currently houses five businesses: Tasty Blend Foods, Nippon Thermostat, The Schwan Food Company, Bayliss & Ramey Inc., and Multi-Coat, which purchased the land in 2007, but still hasn't developed it.
Tasty Blend is not expanding, Walton said.
A woman who answered the phone at Bayliss & Ramey, an electrical contracting company, said, "it's definitely not us."
"We've actually downsized a little bit," she said.