Tuesday, September 24, 2013 - 10:14am
Delaware panel eyes grant request from German firm
A German flooring products company is seeking more than $400,000 in Delaware taxpayer money to build a small manufacturing facility in Dover.
Uzin Utz ATG presented the request to the state Council on Development Finance on Monday. The council had to defer action on the request until its next meeting because it lacked a quorum.
Uzin Utz is asking the state for a performance grant of up to $153,619 and a capital expenditure grant of up $264,750. The company wants to use the money to build and outfit a manufacturing facility that would employ about two dozen people in the Garrison Oak Technical Park.
Dover officials recently agreed to sell about 11 acres in the park to Uzin Utz for $1,000 an acre, a fraction of the $35,000-per-acre appraised value.
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