Tuesday, April 10, 2012

Noblesville Approves 10 Year Tax Abatement for SMC Corp.

From the Indianapolis Business Journal:

SMC Corp. of America plans to spend $19 million to expand its North American headquarters in Noblesville, making room for an additional 163 employees by 2017, the company announced Tuesday.

SMC, which develops and makes pneumatic automation equipment, said it will expand its current facility by 600,000 square feet, to almost 1.5 million square feet. Work is set to begin this month and be finished by September. The company employs more than 600 workers in Noblesville.

The city of Noblesville has approved 10-year phase-in tax abatement for the expansion.
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http://www.ibj.com/smc-plans-noblesville-expansion--163-jobs/PARAMS/article/33751