NEW YORK Prolamsa Group subsidiary Axis Pipe & Tube Inc. has applied to the Texas Economic Development Bank to designate its new mill in the state as an enterprise project under the Texas Enterprise Zone program.
Brazos County Commissioners Court is scheduled to vote May 28 on Escobedo, Mexico-based Prolamsas application.
Under the guidelines for the program published by the governors office, Prolamsa could get a sales tax and use tax refund of up to $712,500.
To qualify for the program, the mill has to be located in an enterprise zone, which is a "census tract block group that has 20 percent or more poverty rate based upon the most recent decennial census federal poverty level information, a distressed county, a federally designated zone or a renewal community," according to the guidelines.
The $120-million mill is slated to produce 300,000 tons of electric-resistance welded (ERW) energy tubulars annually (amm.com, April 30).
Prolamsa did not respond to a request for comment.