Local News

Local companies seek tax abatements for expansion plans

FORT WAYNE, Ind. (WOWO): A couple of Fort Wayne companies are planning to expand.

The City Council is expected this week to hear about a proposal by Calico Precision Molding that will include them investing more than a million dollars in their facility on Progress Road, a move that the News-Sentinel says will mean equipment upgrades and 12 new jobs. In exchange, they’re asking for a tax abatement that would save them over $55,000.

Accutech Mold & Machine is also asking for a tax abatement to the tune of just under $13,000 so they can add a quarter-million dollars worth of equipment to their Goshen Road location, as well as one new job.

Related posts

Parks Employees Make Donation to Food Bank

Dean Jackson

Lt. Governor to Join Novae Corp. Executives for Ribbon Cutting Ceremony in Markle

Kayla Blakeslee

Head-on collision results in OWI arrest

Kylie Havens

Leave a Comment