Austal OKd for tax breaks

MOBILE, Ala. - The Mobile Industrial Development Board last week approved tax breaks for shipbuilder Austal USA. The board agreed to exempt Austal from an estimated $8.86 million in sales and non-school property taxes over the next 10 years. The vote abates taxes related to a new assembly bay, land to provide docking space, a building for Navy personnel and bulkhead improvements. (Source: Mobile Press-Register, 01/20/11)