Commissioners approve tax abatement for Trane Technologies

TYLER — The Smith County Commissioners Court Tuesday approved a 10-year tax abatement to Trane Technologies for the reconstruction and expansion of a manufacturing facility destroyed by Winter Storm Uri. Felecia Herndon, Executive Vice President/Finance of the Tyler Economic Development Council, said Trane plans to invest $76.7 million to construct a new 190,000-square-foot building to replace the collapsed building, which was 115,000 square feet. In addition to rebuilding four assembly lines, the investment will create three additional assembly lines, Ms. Herndon said. Trane is the single largest manufacturing employer in Tyler/Smith County, Ms. Herndon said. Trane officials say they are committed to retaining the 400 existing jobs that were housed in the building. Click here for more details.