Doncasters Southern Tool Receives Tax Abatement
The Oxford City Council approved a tax abatement for a metal casting facility after the company invested millions of dollars towards expansion that will create dozens of new jobs. Doncasters Southern Tool invested more than $4 million on new equipment upgrades and received a more than $93,000 tax abatement.
The plant specializes in making parts for aircrafts along with some military equipment. TV24 spoke briefly to City Councilman Mike Henderson who says the metal casting company plans to bring at least 60 jobs to the city due to this expansion.