From the Lafayette Journal and Courier:
A tax abatement to support expansion plans at Worwag Coatings LLC won a positive recommendation from the Lafayette Redevelopment Commission.
The commission on Thursday unanimously voted to designate the plant at 555 Sagamore Parkway S. as an economic revitalization area.
The commission also authorized a seven year phase-in of property taxes on the company’s addition of $2 million in new equipment. The city council will consider the requests next.
Worwag manufactures paint that is seen on vehicles around the nation. But few people notice the plant tucked away behind the JD Byrider auto sales lot on Sagamore Parkway near South Street.
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http://www.jconline.com/apps/pbcs.dll/article?AID=2013311210040&nclick_check=1
