Trustees approve emission cuts for school bus maker EV

SHAWNEE TOWNSHIP — Shawnee Township Trustees have approved a 95% tax credit for Pegasus Specialty Vehicles to build a 215,000-square-foot facility with an estimated cost of $21 million to $29.5 million that will be used to manufacture school buses, shuttle buses, and EV trucks. Ninety-five percent exemption corporate zone agreement for Pegasus Specialty Vehicles for ten years.

Cynthia Lace, director of business development for Allen Economic Development Group, said: “They (Pegasus Specialty Vehicles) are moving their existing 60,000-square-foot building, creating ten jobs with them at their new location at Gateway Shawnee and considering 25 acres and over 200 000 square feet of new facility and 50 to 60 new jobs in the area.”

Brian Barrington, President of Pegasus Specialty Vehicles: “With all the electric vehicles we have in development, around 3,000 orders, it will grow and grow quickly. So there is no limit to the possibilities and we are excited about the possibilities.”

The trustees continued the meeting with other cases. Trustee Russ Holley summed up 2022: “We have achieved a lot. There were some fees that passed. With this money we bought some equipment that needs to be replaced. In general, you look at what was happening with the national and world economy, not so bad, not so bad.”

In 2023, the trustees expect additional improvements. “We talked about the possibility of taking out the firehouse or refurbishing the station that we already have,” Holly said. “We are going to implement several drainage projects and modernize our control room.”

Contact Dean Brown at 567-242-0409.

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