Polich Tallix, Maker of Oscar Statuettes, Receives Tax Assistance for New Facility
February 6, 2017
Polich Tallix (Rock Tavern, New York) received tax assistance to move its facility to Walden, New York.
According to a report from the Times Herald-Record, Tallix, a bronze art caster which manufactures the Oscar statuettes, is planning to renovate a 60,000-sq. ft. facility in Walden. Polich agreed to buy the building, a structure that used to be home of a circus, for $2.5 million.
The Industrial Development Agency (IDA) granted a $20,300 state sales tax exemption, and also exemptions for a mortgage recording tax ($13,000) and property taxes ($312,504).
Polich Tallix has 80 full-time employees and, according to the report, is expecting to add 13 more over the next five years.