Kerri Fallettti, of Cowley County Economic Development, will address county commissioners Tuesday morning about a property tax exemption for Zeeco, Inc./Winfield Industrial Properties LLC.
The company purchased the land and building at 22695 D St., Strother Field and did a complete renovation of the building. The building is currently appraised at $2,268,040.
The building had been vacant for about 12 years; operations began in June 2018 after the renovations were done. About 20 employees work in that building.
Zeeco originally moved into the former Gorden-Piatt building.
The tax exemption, if approved, would be for nine years, 2020-2028. The exemption is projected to be $50,000 a year for a total of $450,000.
The county has received the application and necessary documentation and will be asked to set a hearing for Dec. 17.
According to the company’s website, Zeeco is “the only full-line supplier to design and manufacture process, power, duct and packaged burners; gas and liquid flares; flare gas recovery systems; thermal oxidizers and incinerators; vapor control equipment; pilots and ignitors; and scanners, monitors, controls and management systems.”
The parent company of Zeeco is Zink Family Real Estate LLC, and its headquarters are near Tulsa, Okla.