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tax abatement

City of Hoover logo - council chambers

Photo by Jon Anderson

City officials are not disclosing the name of the company until Monday, but City Treasurer Robert Yeager said the company plans to invest $12.5 million to move its corporate headquarters to Hoover, bringing 600 jobs to the city over five years. more

Businesses

IberiaBank Nov 2017

Photo by Jon Anderson

The Louisiana-based bank plans to create a regional headquarters with 450 employees in the International Park office complex off Acton Road. more

Businesses

IberiaBank sign

Photo by Jon Anderson

The deal would include an abatement of $495,630 of Hoover taxes, $720,430 of Jefferson County taxes and $463,500 of state taxes. more

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May 2018