A Plymouth industry specializing in flexible packaging solutions took the first step in the tax abatement process on Monday evening during the Common Council meeting.
Greg Hildebrand, Executive Director of Marshall County Economic Development Corporation, told city council members that Bomarko will purchase a $4 million piece of equipment. Currently, Bomarko has 97 employees, and purchasing the new equipment will require 4 additional employees. Hildebrand said the new positions will average $27 an hour plus benefits.
The proposed project is seeking a 7-year phase in tax abatement.
As the first step, the city council declared Oak Drive's property an economic revitalization area.
A public hearing on the tax abatement request will be held at the next city meeting on Monday, September 23rd.
End the Silence 5K Run / Walk Saturday at Blue River Memorial Park
Bunge ribbon cutting, tours celebrate opening of food-grade soy protein concentrate facility
Indiana Governor Mike Braun extends suspension of gas tax
Letter Carriers' Food Drive this Saturday
Cops Cycling for Survivors to honor more than 300 Indiana officers during 25th annual ride
Shelby County primary election results
Alicia Barr introduces her new book, More Than a Secret: How a Mistress Broke Free from Her Affair
Decatur County United Fund has new executive director
