Tuesday, May 22, 2012

K-CoPack Approved for Abatement on Expansion in Ashley

From the Fort Wayne Journal-Gazette:

K-CoPack LLC plans to invest almost $700,000 in an addition to its Ashley factory at 101 S. Parker Drive.

The 23,400 square feet of warehouse space will allow the company to store inventory, moving it out of the way of the 13 employees. Chris Petersen, general manager, said the lack of warehouse space has limited the company’s growth.

Plans call for hiring one or two workers this year and possibly up to four more next year, Petersen said in an interview Tuesday. Wages for the production positions will average $12 to $15 an hour.
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The Ashley Town Council has approved a 10-year tax abatement on the project. The projected savings was not available.

http://www.journalgazette.net/article/20120522/BIZ/120529852/0/SEARCH