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Amherst IDA approves $1.3 million in tax breaks for Bureau Veritas expansion

The Amherst Industrial Development Agency on Friday approved $1.3 million in tax breaks for a computer product testing lab's $9.1 million expansion project.

The project will allow Bureau Veritas Consumer Products Services to consolidate from three sites in the town into an expanded building at 100 Northpointe Parkway in Zaepfel Development Co.'s Northpointe Commerce Park. The company said the move would allow for greater efficiencies in its local operations.

Amherst IDA weighs $1.3 million in tax breaks for Bureau Veritas expansion

Work could begin as soon as next month and wrap up in fall 2018.

Bureau Veritas committed to spending $2.1 million on new equipment, retaining 264 full- and part-time jobs, and creating five jobs within two years after the project's completion, in exchange for $175,000 in sales tax breaks. Zaepfel committed to spending $7 million, primarily on construction and renovations, in exchange for $1.14 million in property, sales and mortgage-recording tax breaks.

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