Wednesday, May 2, 2012

Mossberg Industries Approved for Ten Year Real Estate Tax Abatement for Expansion in Garrett

From the Fort Wayne Journal-Gazette:

Mossberg Industries has decided to expand operations in Garrett, a company official confirmed today.

Greg Baker, the manufacturer’s controller, said the company is still working out some details, but has decided to invest about $2.3 million to add 28,800 square feet and renovate the building at 204 N. Second St.

Mossberg, a plastic injection molding company, also will invest $250,000 in new equipment.
...

Mossberg employs about 50 in Garrett and expects to create five new jobs with the expansion. Local officials have approved a 10-year real estate tax abatement and a five-year tax break on the new equipment.

http://www.journalgazette.net/article/20120502/BIZ/120509886/1031/SEARCH