Source: Oak Ridge Today | John Huotari | October 5, 2017
A city board on Monday approved a six-year, 50 percent property tax abatement for a company that plans to move from Heritage Center, the former K-25 site, to Horizon Center, a few miles northeast.
MCLinc is now in Building K-1006 at Heritage Center, which is also known as East Tennessee Technology Park. A conference center at ETTP’s main entrance is leased for special events, and MCLinc has the next building on the right. It’s been home to a laboratory since 1965. MCLinc (Materials and Chemistry Laboratory) has been there since 1998, when the company started.
But the building is owned by the U.S. Department of Energy, and it is slated for demolition, said Barry Stephenson, MCLinc president and chief executive officer. Attempts to acquire the building have not panned out, Stephenson told the Oak Ridge Industrial Development Board on Monday.
Three years ago, the company, an analytical testing laboratory, received notice that they have to move, Stephenson said. He told the IDB that MCLinc has to be out of the building by September 2018.
MCLinc has an option to purchase 11.4 acres from RSI at Horizon Center. It’s a corner lot on the right at the first entrance to Horizon Center going west from Oak Ridge toward Kingston on Highway 95/58. The company wanted to be close to customers and the west end of Oak Ridge, and the property is ideally located, Stephenson said.