AUBURN, AL (WTVM) - This week Auburn City Council members approved tax incentives for companies expanding within the city limits.
"We just see that as a sign that the economy is rebounding and we really like that the companies we recruit to be here are looking at expanding here," explains Auburn City Manager, Charlie Duggan.
Lotte Chemical Alabama Corp. Located in Technology Park North will undergo an expansion in equipment.
The company anticipates a capital investment of $5.2 million dollars over the next three years and hiring 28 new employees.
"It shows the diversity of our economy too," says Duggan.
The council also approved a package of incentives for the German company, Hoerbiger Automotive Comfort Systems, LLC.
A ten year tax abatement will help the company expand its facility in Technology Park South.
Hoerbiger anticipates hiring 40 new employees with a capital investment of $2.7 million.
"We really want great paying jobs for people here in the City of Auburn and really the five county area that we support being really an economic engine in east Alabama," explains Duggan.
The City is also gearing up for its municipal election August 26.
The Auburn Chamber of Commerce is hosting a series of forums to enable the community to get to know the council candidates.
"We'll get questions from the audience and we'll give each candidate the opportunity to do opening and closing remarks so they can tell a little about themselves," Jennifer Fincher, Vice President of Communications and Marketing for the Auburn Chamber of Commerce.
The forums will kick off Monday, August 11, for Ward 1 at the Boykin Community Center at 6 p.m.
Wards 3, 5 and 6 will be Thursday, August 14, beginning at 5:30 p.m. at the Chamber on Glenn Avenue.
"We don't endorse candidates, but we do want everyone to know what is going on and we want everyone to vote," explains Fincher.
Four council members and Mayor Bill Ham, who all ran without opposition, were approved for reelection Tuesday night.
Ron Anders of Ward 2, Brent Beard of Ward 4 and Gene Dulaney of Ward 7 will remain on the council.
Ward 8 representative and former Auburn police chief, Tommy Dawson, was also approved.