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Bomarko received a personal property tax abatement for the installation of a new press and additional equipment. The estimated capital investment of $4 million is for the property located at 2400 Walter Glaub Drive in Plymouth.
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The Plymouth City Council members opened a public hearing Monday night concerning a tax abatement request from the Viking Paper Corporation.
Continue readingPLYMOUTH — The Plymouth Common Council approved Resolution No. 2023-1052 confirming the adoption of a declaratory resolution designating certain real estate within the city of Plymouth to be within an “economic revitalization area” for purposes of real and personal property tax abatement for American Containers, Inc..
Continue readingThe Plymouth Common Council approved tax abatement requests for AK Industries and Plymouth Hospitality LLC.
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BOURBON — The Bourbon Town Council held a Public Hearing during their regular March meeting regarding a Personal Property Tax Abatement request on the estimated capital investment of $5.8M on behalf of Shells Inc. Director of Marshall County Economic Development Corporation (MCEDC) Greg Hildebrand was present to explain the investment and to answer questions. The company is installing a 3D printer to print sand cores at a faster rate to satisfy consumer demand. The council approved the abatement; the total tax savings after seven years will total $133,586.
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BOURBON — Greg Hildebrand, Interim Director of Marshall County Economic Development Corporation (MCEDC), approached the Bourbon Town Council regarding a Personal Property Tax Abatement request on the estimated capital investment of $5.8M on behalf of Shells Inc. The total tax savings after seven years, if approved, would total $133,586.
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The Bourbon Town Council members reviewed paperwork last week that would designate an Economic Revitalization Area on Elm Road for future tax abatement.
Continue readingThe Plymouth City Council members voted Monday night to approve a resolution that grants a tax abatement request submitted by DAC Enterprises, LLC.
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The Argos Town Council members will soon go through the process of considering a tax abatement for a company looking expand operations.
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The Plymouth City Council has finalized another tax abatement for AK Industries. Business development manager Pete Sabo told council members last week that the company is going through its biggest expansion since its founding in 1981.
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The Plymouth City Council members took action Monday night to approve the final step in the process for 10-year, 10 percent declining scale tax abatement for Jingu North America Corporation at 2935 Van Vactor Drive.
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Representatives from Altium Packaging in Argos, formerly known as Consolidated Containers, will be expanding upgrade operations at the facility.
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The Plymouth City Council members were presented with resolutions Monday night to begin the process of tax abatement for LA Poly, Inc. and CAC Holdings, Inc.
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The Town of Bremen granted a tax abatement request for a business on Birkey Street.
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The Plymouth City Council members opened a public hearing Tuesday night to hear comments on a tax abatement request submitted by AK Industries, Inc.
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The Plymouth City Council members considered two resolutions Monday night that would declare certain real estate to be within an Economic Revitalization Area.
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Two businesses planning to expand operations got further assistance Monday night after the Plymouth City Council members approved resolutions that confirm the adoption of certain real estate as an Economic Revitalization Area.
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The Culver Town Council members opened a public hearing Tuesday night to gather public comments on a proposed resolution that would grant tax abatement for The Paddocks, the second phase of a housing project following the completion of the Sand Hill Farms workforce housing development project on West Jefferson Street in Culver.
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A Plymouth manufacturing company will engage in an expansion project in order to increase efficiency and profits with the goal of retaining 61 current employees and remain competitive in the market. A few new employees will also be hired in the process.
