Beex Hybrids tells council it exceeded abatement commitments, citing job and investment gains

Representatives of Beex Hybrids presented the company’s final‑year CF‑1 abatement review to the Hamilton County Council on June 3, saying the company exceeded its commitments on jobs and capital investment.

Brad F., speaking for Beex Hybrids, told the council the company had pledged to retain 387 jobs and add 40; he said Beex instead added 154 jobs beyond retention. On property investment he reported the personal property pledge was about 43.22 million and actual personal property investment reported as 94.7 million; the real‑property pledge was 61.7 million and reported actual real‑property investment was 126 million, which he described as exceeding the pledge by roughly 64.3 million. Beex described a recently completed 90‑foot soybean tower on its campus and said the company draws a large portion of its workforce from northern Hamilton County.

Councilors asked about the local economic impact and whether new hires live in Hamilton County; Beex urged more housing construction to retain hired workers locally. A county official clarified that some abatement components were no longer accumulating while others run through 2028–2030. Council thanked the presenter; no formal action to change the abatement terms was recorded in the transcript.