On Monday evening, the Plymouth Common Council took the first step in the Tax Abatement process by passing resolutions for two local industries.
The resolutions declare that certain real estate is within an Economic Revitalization Area (ERA). The first was for Composite Technology Assemblies at 904 Markley Drive. Composite Technology Assemblies is a Plymouth-based manufacturing company that specializes in producing advanced composite assemblies for various industries. With a focus on precision engineering and quality craftsmanship, the company offers a range of composite solutions to meet the unique needs of its clients. They plan to invest $2,384,000 for new equipment.
The second resolution declares that the AK Industries property at 2055 PIDCO Drive is within an ERA for tax abatement purposes. AK Industries is a leading producer of fiberglass and polyethylene products for the wastewater industry. It manufactures and assembles large fiberglass lift stations for municipalities and small-capacity ejector basins for the residential market. It also manufactures a line of polyethylene septic tanks, sump pits, basins, and plumbing accessories.
AK Industries is seeking a tax abatement of $3.2 million for real property and $1 million for personal property. This project is estimated to create 10 new positions.
The city will conduct a public hearing on the two requests at their October 28th meeting at 6:30 p.m.
Identity released in fatal U.S. 36 crash
Indiana Gov. Braun declares state of disaster emergency for 63 Indiana counties
Longtime educator tabbed to lead new Montezuma Elementary
Gov. Braun unveils Indiana’s exhibit for the National Mall during The Great American State Fair
Indiana State Fair announces final wave of Hoosier Lottery Free Stage concerts for 2026
Nominations now open for farmers and ranchers to serve on USDA Farm Service Agency county committees
CBP officers in Indianapolis seize counterfeit FIFA World Cup 2026 merchandise
Former Cloverdale coach lands back in coaching
Three pulled safely from submerged car
U.S. Postal Service will be closed in observance of Juneteenth, June 19
Third Annual Riding with an Angel Ride remembers daughter's legacy
FSSA To survey SNAP recipients about Smart SNAP
Area Indiana State parks install new playgrounds
Riverton Parke looks to bring regional baseball crown home
IDEM forecasts statewide Air Quality Action Day for Thursday
