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AEDC board approves up to $300,000 for Panhandle Pure bottled-water plant
The board approved a location incentive agreement with Panhandle Pure LLC, a subsidiary of Affiliated Foods Inc., which planned to buy and renovate an existing building for bottled-water production ($7.5 million in capital spending, up to 30 jobs averaging $45,000): $10,000 per job over five years, up to $300,000, with AEDC help seeking tax abatements from four taxing entities. Staff reported in July 2021 that the plant opened for production in May 2021.[1][2][3]
Kevin CarterBrian HeinrichAmarillo Economic Development Corporation (AEDC)