ALBANY, Ore. — At their March 3 meeting, Linn County Commissioners Roger Nyquist, Sherrie Sprenger and Will Tucker approved an extended Enterprise Zone Tax Abatement Agreement for Valliscor LLC.
Linn County is a cosponsor of the Albany Enterprise Zone. The City of Albany had already approved the agreement, which will provide property tax incentives for the development of a chemical manufacturing plant by Valliscor LLC.
Valliscor LLC is based in Corvallis and manufactures high-value compounds used in the pharmaceutical and semiconductor industries. According to the company’s website, its chemicals are used in medications to treat asthma, COPD, breast cancer and other diseases. Other products are used to make logic and memory chips in the semiconductor field…