Ohio company eyes Newtown's closed Hubbell factory for northeast headquarters, requests tax breaks
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File photo. Hubbell Inc. off Route 25 in Newtown has sold its factory to an Ohio-based distributor that is seeking tax incentives to open a northeast headquarters.H John Voorhees III / Hearst Connecticut Media
NEWTOWN - A distributor of automotive, electrical and chemical supplies wants to establish its northeast headquarters off Route 25 in the factory that Hubbell closed two years ago, if the town agrees to a tax break package.
Kimball Midwest, a family-owned company based in Ohio that serves the private and public sector, has already bought the 40-acre former Hubbell property for $4.4 million. The company plans to spend another $2 million on repairs and improvements if Newtown agrees to a three-year abatement on its real estate taxes.