A new business catering to “beer tourists” while investing millions in the community has officially received a break on taxes from the state, the town’s office of Planning & Community Development said Wednesday.

The news arrived seven months after the owners of Stone Path Malt publicly announced plans to invest $3.8 million in a building and equipment for a “malting” facility that will create 12 jobs. The business is slated for 11 Kendrick Road.

Stone Path Malt plans to produce germinated grains that are dried in a process called malting. The end product is used by home and commercial brewers.

Stone Path Malt’s tax abatement will be 100 percent of its property tax bill this year and decrease each year until 2021 when it reaches 50 percent. After that year, the abatement ends. According to town records, the property is assessed at $1.6 million. The tax break was previously OK’d by voters at Town Meeting in October.

According to Planning & Community Development Director Kenneth Buckland said the tax break, known as a tax increment finance plan, is an investment that will pay dividends.

Once up and running, he said Stone Path Malt will not only bring jobs, but visitors as well, he said.

“With state-of-the-art equipment and a tasting room stocked with samples made from malt processed by Stone Path Malt, the facility can attract the trending business of the ‘beer tourist,’” Buckland said.

He noted that the Stone Path Malt will provide a destination for those interested in home brewing because it is one of a just a few similar facilities located across the country.

The tax break received the support of the Board of the Selectmen and the Finance Committee in addition to Town Meeting voters.