Georgia Tax Change Could Save Shaw Millions

In Georgia, Gov. Nathan Deal is hoping to get rid of a requirement that manufacturing companies pay sales taxes on electricity. According to the Dalton Daily Citizen, Georgia is one of the few states that still has such a requirement, and if the governor is successful, it could be a boon for wood floor manufacturer Shaw Industries Inc. (Dalton, Ga.).

James Jarrett, group director of manufacturing for Shaw, told the newspaper that the savings for Shaw would be in the "millions." Also, he said that energy is in the company's top five costs, and that it considers energy savings when deciding to open new plants in its home state or set up shop in a neighboring state like Tennessee, Alabama or South Carolina.

The Dalton Daily Citizen reported that Republicans control both chambers of Georgia's legislature, and that it's one of the few tax-reform issues they all agree on.

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