City gives company a tax abatement

YOUNGSTOWN — The city’s board of control approved a tax abatement for a North Side steel warehouse and processing company wanting to expand.

Struthers Metal Service — through its property subsidiary, Shear Realty — received a 75-percent, 10-year real property tax abatement from the board of control today.

The Intertech Drive business plans to invest $1.05 million to $1.4 million to construct a 60-foot-by-250-foot building and to purchase new machinery and equipment.

The 26-year-old company would pay about $25,654 and save about $76,962 in real property taxes over the 10 years under this agreement.

Also today, the board approved a $27,116.52 payment to a Dayton-area company to repair an aerial fire truck.