Dickson County again appears to be competing with a location in the state of Arkansas to land a new industrial investment known only as Project TNT. The Dickson County Industrial Development Board approved a graduated tax incentive proposal Monday for the unidentified company. Mayor Bob Rial told the Dickson County Commission Monday night that Project TNT is considering purchasing the former Wabash Alloys facility at 600 Printwood Drive in the William D. Field-Dickson County Industrial Park, but did not identify the company or its product. Rial said the company is looking at making a $25 million investment and would create as many as 50 new jobs. Chairman Donald Richardson said the proposal approved by the industrial development board Monday would allow the company to pay a graduated schedule of payments in lieu of property taxes, known as a PILOT, over a seven-year period. Richardson said the PILOT must also be approved by the county commission and Dickson City Council, which are both expected to vote on it in October. Rial said Monday night the state connected Project TNT with the Dickson County site after the company first considered another location in Tennessee. “Once again I believe we are competing with Arkansas. They had a look at a building in Lawrenceburg but that fell apart for them. That’s when they showed up to Dickson a couple months ago,” the mayor said. The still-unidentified Project Falcon narrowed its choices down to Dickson and Jonesboro, Arkansas, before announcing April 1 it had chosen Dickson as it “preferred site” for a $160 million investment. Wabash Alloys was purchased by Aleris in September 2007 and closed the Dickson facility in November of that year, eliminating 67 jobs. The company had supplied molten aluminum to the Nemak plant across the street and other customers but the operations were consolidated with other Aleris facilities. The plant had recently been discussed as the potential site of a private recycling operation, but that project fell through.