From the Fort Wayne Journal-Gazette:
Spectrum Finishing, in conjunction with the Town of LaGrange and the LaGrange County Economic Development Corporation are excited to announce the expansion of Spectrum Finishing at its facilities located in LaGrange, IN.
The tax abatement was requested by M&E Investments, LLC representing Spectrum Finishing, LLC and the LaGrange County Economic Development Corporation, and was approved unanimously by the Town of LaGrange. The abatement is for a period of ten years and is for a 9000 sq ft. building addition, valued at approximately $260,000. The expansion will allow the company greater flexibility with their distribution and logistics operations, which has been taxed with the growth of the furniture industry in LaGrange County and the region. In addition to 10 new jobs being created, an additional 33 jobs will be retained, bringing their total employment to at least 43 employees.
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http://www.journalgazette.net/article/20120723/BLOGS01/120729980/0/SEARCH
