A manufacturer of custom advertising display frames will expand its operations in Austin through a property tax incentive approved today by City Council.

The Class 6(b) incentive will support the acquisition and rehabilitation of a 99,000-square-foot industrial building at 6460 W. Cortland St. by 3814 N. Knox LLC/Alpina Manufacturing LLC, which will use the facility as office and production space. The $2.4 million project will include updates to all building systems, lighting and loading docks.

The estimated $681,000 in tax savings over the 12-year incentive period will support the retention of 27 and the creation of 35 new full-time jobs.

Founded in 1993, the company produces aluminum snap frames, banner stretching frames and floor display stands. It serves printing companies, ad agencies and frame shops throughout North America. It is currently located in Portage Park.

The Cook County Class 6(b) incentive encourages industrial development by providing reduced property tax rates for qualifying rehabilitation and construction projects.

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