{"id":300681,"date":"2014-05-12T09:38:50","date_gmt":"2014-05-12T14:38:50","guid":{"rendered":"http:\/\/www.ktbb.com\/post\/?p=300681"},"modified":"2014-05-13T11:12:45","modified_gmt":"2014-05-13T16:12:45","slug":"incintives-offered-to-tyler-company-to-create-jobs","status":"publish","type":"post","link":"https:\/\/ktbb.com\/post\/?p=300681","title":{"rendered":"Incentives Offered to Tyler Company to Create Jobs"},"content":{"rendered":"<p><a href=\"http:\/\/www.ktbb.com\/post\/wp-content\/media\/2014\/05\/Trane-Plant-Tyler.jpg\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.ktbb.com\/post\/wp-content\/media\/2014\/05\/Trane-Plant-Tyler.jpg\" alt=\"Trane Plant-Tyler\" width=\"150\" height=\"72\" class=\"alignleft size-full wp-image-300695\" \/><\/a>TYLER &#8212; During their upcoming meeting on May 13, the Tyler City Council will consider a recommendation for an incentive payable to Trane\/Ingersoll Rand for jobs created as a result of moving a business line from Mexico to the Tyler plant, according to a news release from the City of Tyler. &#8220;We had an opportunity to bring a small product line that had been manufactured in Monterey, Mexico back to Tyler,&#8221; said Trane Plant Manager Ted Crabtree.  &#8220;This was an excellent opportunity for us to stabilize the seasonality of our workforce by more fully loading our build lines.&#8221;<!--more--><\/p>\n<p>Trane has also added a new production line (Line B) that has shortened their production times and provided more capacity, thereby enhancing efficiency and flexibility. In addition, they have returned to powder painting top panels, a more durable finish, which will also result in additional stability in their workforce numbers.<\/p>\n<p>The City&#8217;s retention incentive shall not exceed $192,500.  The incentive will be credited to the utility bill of Trane\/Ingersoll Rand over four years in four annual equal installments of $48,125 each, beginning with calendar year 2014.  The incentive is contingent upon Trane\/Ingersoll Rand attaining the specified job retention requirements, including retention of 55 regular full-time jobs valued at $61,920 per job (including benefits). The incentive will only be credited if Trane\/Ingersoll Rand retains these jobs throughout the term of the agreement without a net reduction in total jobs. <\/p>\n<p>&#8220;Trane has been a primary employer in Tyler for 58 years employing more than 1,800 employees and has been a tremendous corporate citizen,&#8221; said Mayor Barbara Bass. &#8220;We are pleased that we are able to use our incentive program to help retain valuable jobs here in Tyler.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TYLER &#8212; During their upcoming meeting on May 13, the Tyler City Council will consider a recommendation for an incentive payable to Trane\/Ingersoll Rand for jobs created as a result of moving a business line from Mexico to the Tyler plant, according to a news release from the City of Tyler. &#8220;We had an opportunity &hellip; <a href=\"https:\/\/ktbb.com\/post\/?p=300681\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Incentives Offered to Tyler Company to Create Jobs<\/span><\/a><\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[177],"tags":[],"class_list":["post-300681","post","type-post","status-publish","format-standard","hentry","category-local-news-archive-archives"],"publishpress_future_action":{"enabled":false,"date":"2026-07-11 00:56:57","action":"change-status","newStatus":"trash","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/300681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=300681"}],"version-history":[{"count":4,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/300681\/revisions"}],"predecessor-version":[{"id":300697,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=\/wp\/v2\/posts\/300681\/revisions\/300697"}],"wp:attachment":[{"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=300681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=300681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktbb.com\/post\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=300681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}