Sunday, March 18, 2012

Indianapolis to Vote on Property Tax Abatement for Cosmetic Manufacturers

From the Indianapolis Star:

"Two affiliated cosmetics manufacturers will add 144 jobs by renovating their factory and offices on the Eastside.

Mansfield-King LLC and William Roam LLC plan to buy new equipment and renovate their 180,000-square-foot facility near 6455 E. Washington St. The $3 million project will create 144 jobs by 2016, said the companies, which employ 45 people at the site.

The Department of Metropolitan Development will vote next week on giving a 10-year property tax abatement on the expansion. The abatement would save the companies $152,579."

http://www.indystar.com/apps/pbcs.dll/article?AID=2012303170012