Analysis By Top State Economist Shows Alliance Metals USA Will Bring Significant New Tax Revenue to La Paz County, Wenden & Salome Schools, Arizona Western College

(LA PAZ COUNTY)Alliance Metals USA’s proposed investment in La Paz County will generate considerable new tax revenue for local schools and fire districts, Arizona Western College as well as the county overall.

If approved the Alliance Metals USA project would generate more than $714,781 in new property tax revenue over 10 years. That is $627,504 more than the current tax revenue generated at the same property (or a 719 percent increase), according to a new tax impact report by respected economic research firm Elliott D. Pollack & Company.

La Paz County, Arizona Western College, local schools in Salome and Wenden as well as the McMullen Valley Fire District will see more tax revenue if the Alliance Metals USA investment is approved.

Alliance Metals USA wants to bring new permanent jobs and a $30 million investment to a La Paz County manufacturing facility located at a shuttered cotton gin between Wenden and Salome.

The property will currently generate $87,277 in property tax revenue over 10 years, according to the new analysis versus the $714,781 over the same 10 years on the same property if Alliance Metals’ proposed manufacturing site is approved.

“Our investment will bring jobs as well as new and increased property tax revenue to La Paz County and the local community. The new tax revenue will help local schools and fire districts as well as the county overall,” said Loren Barton, Vice President for Alliance Metals USA.

The company’s proposed project, for example, will bring more than $113,600 in new property tax revenue for La Paz County over the next 10 years. The property is currently slated to produce just over $11,900 in county property tax revenue, according to the new analysis.

The Wenden Elementary School District would see $232,226 in extra tax revenue over 10 years if Alliance Metals USA project is approved. The property currently is projected to bring $27,169 in revenue to the school district over 10 years. If approved, Alliance Metals will generate $259,395 in property taxes for the school district.

Bicentennial Union High School District and Salome High School will would see close to $59,000 in property tax revenue over 10 years if the Alliance Metals USA project is approved. The same property will produce just $6,173 over 10 years for the school district if it remains as is.

Property tax revenue generated by the site would go from $12,329 to $117,711 over 10 years for the McMullen Valley Fire District and from $11,205 to $106,981 for Arizona Western College. That means Alliance Metals USA project would increase property tax generation from its site to both Arizona Western College and the McMullen Valley Fire District by 855 percent.

The new jobs proposed for La Paz County will be $13.50 and $25 per hour depending on experience. If the project is approved, Alliance Metals will be looking to hire plant managers, shift supervisors, technicians and maintenance workers.

Alliance Metals USA saw a healthy and positive turnout of job applicants at a job fair Saturday in Salome. The company plans on holding additional job fairs in La Paz County.

“We know jobs and economic development are important to La Paz County and the Board of Supervisors. Our project will bring career opportunities to residents who want more jobs closer to home. We will also generate more tax revenue for schools and the community,” Barton said.