Wednesday, December 12, 2012

Merrillville Approves 10 Year Abatement for Horizon Financial Management

From the Northwest Indiana Times:


The Town Council gave a growing Merrillville business a tax incentive on Tuesday to keep it in town.
Councilmen unanimously approved 10-year real estate and personal property tax abatement for Horizon Financial Management, which provides billing and practice management services to health care providers across the country.
The business, which has 60 employees, currently operates from six suites in the Chase building at 8585 Broadway.
Holladay Properties would build a new a 20,000-square-foot office in the AmeriPlex at the Crossroads development, which is near 101st Avenue and Broadway. Horizon would move into the new facility so it could expand its business.
Frank Termini, managing partner at Horizon, said the new facility could house up to 240 employees.
Larry Mudd, vice president of development at Holladay, said the investment for the new facility would be about $3 million.
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