Friday, June 22, 2012

Annual Abatement Reports Suggest Incentives Working in Greencastle

From the Greencastle Banner-Graphic:

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Dory told the City Council that the six companies making their annual abatement reports to the city, represent 1,769 total jobs -- an increase of approximately 200 from last year.

In reality, the job figures are actually greater, Dory said, because the statement of benefits provided with the abatement reports do not include fulltime temporary positions or workers provided through employment services.

Local employment, Dory said, "is pretty much starting to come back."

The abatement reports also represent a cumulative total of $68.3 million in new equipment investment and $7.6 million in real estate.

The six companies who received annual approval of their statement of benefits from the City Council Tuesday are Chiyoda (formerly Happico), Crown Equipment, F B Distro, International Automotive Components Corp. (IAC, formerly Lear Corp.), Heartland and Garmong.
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http://www.bannergraphic.com/story/1860471.html