Borden Dairy Co. to Invest $5 Million, and Add 100 Jobs at S. Lamar Facility
A $5 million expansion and upgrade is coming to the Borden Dairy Co facility on S. Lamar St. The Dallas City Council approved a 7 year, 75 percent tax abatement for the investment and the 100 new jobs that are expected to accompany it. The abatement is contingent on the investment and job creation.
Two years ago the City offered $100,000 in incentives to keep the Borden headquarters in Dallas on N Central Expressway. Add 100 more jobs in South Dallas to the deal makes an inexpensive win for the City and for Borden.
Construction began in August and should be substantially complete by the end of the year.
Source: Dallas Morning News, August 6, 2013.
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