From the Anderson Herald-Bulletin:
Lisa Anderson's sheet metal clients include the Hyatt Regency, Indianapolis International Airport and several universities and hospitals.
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The lifelong Middletown resident owns Metal Art, a precision sheet metal fabrication business. The company, established in 1994, has been creating everything from railings to large custom architectural projects and now plans to invest $500,000 to expand their business.
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Metal Art has requested a three-year tax abatement for their expansion and is preparing to sign with a contractor for the expansion.
Betty Riley, Middletown council president, said the expansion is a welcome addition. She said the company originally considered purchasing the former E-Biofuels building before deciding to expand at their current location.
"We need businesses in town and we can use the extra taxes," Riley said. "We know them, we know their business and they have been in business for a long while."
Riley said she has not talk to the other town officials, but she did not think a three-year tax abatement would be difficult to grant. Most companies request a 10-year tax abatement when involved with the kind of investment Anderson has committed to make.
"I feel like in three years you are going to have big money invested and with that kind of money invested you are not going to walk away from it," Riley said.
http://heraldbulletin.com/business/x934964233/Middletown-company-plans-500-000-expansion
