Shelbyville Common Council approves PMC tax abatement

Wednesday, January 24, 2024 at 1:59 PM

shelbyville-common-council-approves-pmc-tax-abatement

The Shelbyville Common Council approved a tax abatement Wednesday night for Plastic Moldings Company, LLC.

The 10-year tax abatement to replace equipment is for $304,449.52.

Plastic Moldings Company (PMC) is purchasing a new injection molding press, robot and conveyor to replace aging equipment, including a robot that has been in service for more than two decades.

The installation of the new equipment at PMC, located locally at 1451 S. Miller Avenue, is expected to be completed by the end of January.

In other council business Wednesday:

Mayor Scott Furgeson announced Jordan Caldwell is the newest member of the Aviation Board which now has five voting members. Other members of the board are Warren Good, Bob Foltz, Bill Hopkins and Nate Batton.

The Shelby County Post is a digital newspaper producing news, sports, obituaries and more without a pay wall or subscription needed. Get the most recent Shelby County Post headlines delivered to your email by visiting shelbycountypost.com and click on the free daily email signup link at the top of the page.