Tuesday, June 3, 2008

Follow-Up: CONMED

The Sentinel had an article about it in today's paper.  I wasn't able to watch the BOC meeting this morning so if anyone has and knows if they approved the tax incentive, please post a comment.  Thanks.
Distribution center would add 40 jobs

By Winston Jones
Staff Writer


ConMed, a medical instrument manufacturer headquartered in Utica, N.Y., is considering Douglas County for a distribution center site.

“The company would add a minimum of 40 new jobs, with wages exceeding $12 per hour, and would invest more than $15 million in the county,” Robert Reynolds, executive director of the Development Authority of Douglas County, told a Monday Board of Commissioners (BOC) work session. He said the company intends to occupy a facility in the Terminus West Business Park later this year.

The BOC, in its 10 a.m. regular meeting today, will consider a seven-year tax incentive program for the company which would allow it to pay only 14.29 percent of assessment in 2009. The rate would increase each year until the company pays 100 percent assessment in 2015.




ConMed was founded in 1973 and its first product was disposable electrocardiogram (EKG) electrodes, according to the company Web site. It later added disposable grounding pads and pencils. The company went public in 1987, issuing about four million shares.

In 2004, ConMed acquired the Endoscopic Technologies business of C.R. Bard, and now manufactures thousands of endoscopic products used by physicians for scope surgeries and diagnostic procedures.

ConMed has 11 manufacturing facilities and employs 3,100 people.



In other items on today’s BOC agenda, the board will consider:

• a right-of-way easement with GreyStone Power for heating, ventilation and air conditioning (HVAC) equipment at Deer Lick Park;

• bid of 2.15 percent from SunTrust Robinson Humphrey on 2008 tax anticipation notes for the county;



• rejection of a bid from Atlanta Custom Coach for a 21-passenger bus;

• emergency purchase of a $35,000 chipper for storm cleanup;

• purchase agreement of $10,620 with Terex Utilities for a Butler trailer to be used with the county traffic signal work;



• subscription agreement of $183 per month with Data Transmission Network Corporation/Meteorlogix for 911 storm tracking satellite radar system;

• and membership agreement with The Work Number, a service used for background checks on public service employee applicants.

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