There may be a lot more Flying Dog beer in the world in the near future, and the brewery could benefit from a big tax break in its hometown of Frederick.According to the Frederick News Post, brewery owner Jim Caruso is looking to build a new plant in Frederick. That would mean Flying Dog could produce five times as much beer as they currently do. Along with beer, the $50 million investment would also bring 150 new jobs to the area.
Flying Dog could also be in line for a new tax credit that would essentially mean the brewery wouldn’t have to pay property taxes on the new plant. Aldermen in Frederick voted to approve the proposal, which gives a 100 percent tax credit to businesses that invest at least $15 million and create 100 new jobs.
Despite the loss of tax revenue, Alderman Phil Dacey put it like this: “I’m pretty confident if someone’s bringing in 100 jobs and $15 million in investment, we’re going to end up being big-time winners.
