Altoona Gas to Liquids Plant Will Qualify for 7-Year Tax Break

Marcellus GTL announced a few weeks ago they plan to build a $200 million gas to liquids (GTL) plant near Altoona, PA that will convert natural gas into gasoline and propane (see Altoona Area Getting $200M Marcellus Gas-to-Liquids Plant). If they start building by the end of this year, the company will qualify for up to seven years of tax abatement. That’s a pretty powerful reason to get building…

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