Plastics Company Planning Millions in Upgrades

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PITTSFIELD – SABIC Innovative Plastics is asking for a tax break as it moves to upgrade its buildings and expand its work force. The Saudi Basic Industries Corp., which bought GE Plastics for $11.6 billion in August, is planning $10 million in building improvements and $50 million in personal property acquisitions, according Christopher Tessier, communications manager. The plastics producer will spend about $2 million in salaries for 25 new employees within the next three years. Mayor James M. Ruberto announced the proposed expenditures for the plastics division's global headquarters on Plastics Avenue and the company's request for incremental tax assessments on Wednesday. "We want to encourage businesses to come to Pittsfield and create jobs, and I believe tax incentives serve as an effective tool to accomplish those goals," said Ruberto in a statement. "SABIC Innovative Plastics is bringing new life to Pittsfield and the city continues to support them as an important member of our business community." Ruberto submitted the proposal for a creation of an economic opportunity area for the plastics company along with a 10-year tax increment financing agreement, or TIF. The TIF would reduce the assessed valuation 20 percent each year for five years, then 10 percent for the last five years. The agreement ensures that SABIC would be eligible to receive other manufacturing tax exemptions. "We are grateful that the City of Pittsfield has such a positive attitude for it's citizens and the business community," said Tessier. The proposal has been referred to the City Council's finance subcommittee. SABIC Innovative Plastics is a global supplier of plastic resins widely used in automotive, health care, consumer electronics, transportation, performance packaging, building and construction, telecommunications and optical media applications.
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Pittsfield Council Passes $232.7M Budget

By Brittany PolitoiBerkshires Staff

PITTSFIELD, Mass. — The City Council unanimously approved a $232.7 million budget for the upcoming fiscal year. 

It is a modest, almost 2.9 percent increase from FY26. 

"I do want to give the community kind of a heads up as we move forward on budgets. What we see coming out of the federal government that's trickling down to the states, it's going to be harder and harder for us as a community to meet our needs under the Proposition 2 1/2," Councilor at Large Alisa Costa said. 

"We're going to have challenges, as we've seen communities across the state trying to override the Proposition 2 1/2, because we have dwindling amounts of money coming from the state and federal government." 

She pointed out that, at the same time, utility bills are going up for both residents and the city, as are the costs of pavement and other items. 

The amended budget of $232,777,720, down from the $232,782,090 originally proposed, includes cuts to the Department of Diversity, Equity, and Inclusion and the restoration of funds for councilors to attend the annual Massachusetts Municipal Association conference. 

The Pittsfield Public Schools' $86,855,061 budget includes $68,886,061 in state Chapter 70 funding and $18 million from the city. With $345,000 in school choice and Richmond tuition revenues, it totals $87,200,061 and is an approximately $300,000 increase from the Pittsfield Public Schools' FY26 budget of $86.9 million. 

The district's budget will fund 13 schools, as Morningside Community School will retire in the fall, and includes the middle school restructuring. 

Councilors also approved the use of $2 million in certified free cash to reduce the tax rate, and appropriated $450,551 for parking-related expenditures. 

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