From the Goshen News:
Tax Phase-Ins
Also approved by the council Tuesday were tax phase-ins for two companies that could bring more than 400 new jobs to the city.
Falcon Corp.
First to receive approval was Ocala, Fla.-based Falcon Corp. Falcon is a distributor for electrical, plumbing, ventilation, air conditioning, doors, windows, electronics and appliances. The company received a seven-year tax phase-in for real property and a five-year tax phase-in for personal property investments.
With the approved phase-in, the company plans to build a 170,000-square-foot distribution facility which will also serve as a regional headquarters. The $3.9 million facility will be constructed along Century Drive beginning this month. The company will also spend $502,000 for equipment.
About 27 new jobs will be created with the approved phase-in and the company will move 37 jobs to Goshen from its Elkhart facility. Wages for the new positions will range from $33,280 a year for production workers to $148,000 for sales positions.
Lippert
Lippert Components was also approved. Lippert produces mobile home chassis, chassis parts and galvanized steel roofing and components for the recreational vehicle industry.
With the approved tax phase-in, the company plans to expand its operations at three Goshen facilities. According to Brinson, new manufacturing equipment, painting equipment, lathes and dust collectors will be added beginning this month. The cost will be $10 million, resulting in up to 376 new jobs being created by 2016. All the jobs created will be for production positions, which will average $13 per hour.
http://goshennews.com/breakingnews/x508495523/Tax-Phase-in-approval-means-jobs
