Tonya Stricklin assembles and checks the quality of brake components at Nissin Brake Georgia Inc. in this 2007 file photo.LAFAYETTE, Ga. – A North Georgia factory that’s already working around the clock to make car and golf cart parts is expanding.
Nissin Brake Georgia, Inc., is finishing a 50,000-square-foot expansion and adding 30 new jobs at its Rock Spring, Ga., facility. That will bring the factory’s total size to about 150,000 square feet and its workforce to 235 employees.
The Walker County Development Authority on Monday finalized an agreement under which Nissin will get a $1.8 million abatement on property taxes paid to schools and local government for eight years, development authority Executive Director Larry Brooks said.
Instead, Nissin will pay about $1.1 million in lieu of taxes to the development authority, he said, netting the manufacturer a tax savings of about $700,000.
“That’s all they’re really saving,” Brooks said.