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Lane County settles tax dispute with manufacturer, reviving hopes for idled electronics factory

Hynix spent $1.5 billion on a computer chip factory that opened in Eugene in 1998. It closed 10 years later and has been idle since 2008. (File photo)Rob Romig/The Register-Guard via AP

Lane County has settled a property tax dispute with a company hoping to reopen a huge electronics plant in Eugene, clearing a path to restart production there as early as this fall.

The tax dispute had threatened to add millions of dollars to annual operating costs for an Ohio company called Stratacache, which bought the factory and its 200-acre site four years ago. Stratacache said the dispute could have blocked plans to reopen the plant, which has been closed since 2008.

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