Thursday, May 3, 2012

Indiana Pickling and Process Granted Property Tax Abatement in Portage


From the Northwest Indiana Times:

The City Council approved tax abatements Tuesday for Indiana Pickling and Process at the Port of Indiana.

The company is planning a $7.2 million expansion of the Portage plant it has operated since 1992, said Paul Abernathy, the plant's general manager.



Jim Fitzer, director of the Portage Economic Development Corp., said the project also is receiving incentives from the state's economic development group.

The company received a 10-year abatement on property tax and a five-year abatement on personal property tax.

http://www.nwitimes.com/news/local/porter/portage/portage-oks-tax-break-for-indiana-pickling-expansion-project/article_c944ec41-ba76-5103-90f8-3828b70dbd2f.html