Thursday, December 20, 2012

Vista Manufacturing Offered Tax Credits for Expanion in Elkhart

From the South Bend Tribune:

Vista Manufacturing, which manufactures lighting products, will invest $3 million over three years to build and equip a 34,000-square-foot facility at 53345 Columbia Drive in Elkhart, according to a release from the Indiana Economic Development Corp.

The company currently operates out of two buildings in Elkhart; the expansion will consolidate Vista's current manufacturing and distribution facilities into one building, which will be operational by next year.
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Vista, which currently has 20 full-time employees in Elkhart, plans to begin hiring additional workers for materials handling, production, administrative and engineering positions late next year.
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The Indiana Economic Development Corp. offered Vista Building, LLC, Vista Manufacturing, Inc. and Vista Lighting Worldwide, Inc. up to $110,000 in conditional tax credits based on the company's job creation plans.

The tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. Elkhart County will consider additional property tax abatement at the request of the Economic Development Corp. of Elkhart County.

http://www.southbendtribune.com/business/sbt-15-more-jobs-coming-to-elkhart-20121220,0,7640026.story