Meanwhile, Hamilton’s council will be asked to give the 112-year-old company a $200,000 recoverable grant to encourage the expansion. Hamilton Caster makes industrial casters, wheels and carts and has been at that location nearly 100 years.
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Details of the development agreement will spell out how the recoverable grant can be forgiven, which will happen “only if certain performance criteria are met at the Dixie Highway site,” Economic Development Director Jody Gunderson has told council.
Lawyers are working on terms of the agreement, Gunderson said.
The recent razing of the Hamilton Inn motel rid the city of a property that once had a proud heyday but in recent years became a nuisance to police and neighbors. It drew hundreds of police calls during its final three years of operation, from 2014-16.
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