Silesia chosen for Valeo's new car parts factory

French concern Valeo producing automotive parts has decided to construct a car lights accessories plant in Chrzanow (Silesia). Company representatives declined to reveal the costs of the planned investment. However, it is known that the factory will be created on a 12 hectare plot and will employ between 400 to 600. "We pledged to invest zl. 4.5 million in the construction of a new road leading to the plant," said Chrzanow Mayor Ryszard Kosowski. He added that the local government had agreed to exempt the company from property tax for several years. "If Valeo employs 400 workers then it will get a tax break for 5-6 years, but if this number exceeds 600, then it would be extended to 10 years," explained Kosowski. Valeo already has four plants across the country. (Puls Biznesu, p. 10) M.M.