Electronic Commerce Zone
(Grants Pass, Oregon, August 8, 2006) - Good news for Fire Mountain Gems and Beads and the local community! The city of Grants Pass, Oregon was designated as an e-commerce zone. The new e-commerce zone designation allows web-based businesses to qualify for tax breaks, as much as $2 million per year, based on 25 percent of their capital investment in new computers and other equipment related to e-commerce. In turn, businesses are required to hire new full-time, year-round employees from the local community.
With this announcement, Fire Mountain Gems and Beads has purchased much needed computer equipment, to enable continued growth and expansion as an industry leading catalog and web-based jewelry supply company.