FortWayne.com
 
  Text size  Increase text sizeDecrease text size      
Last updated: Sat. Dec. 07, 2013 - 07:12 am EDT

3 company expansions could create 10 Fort Wayne jobs

City Council to consider applications for incentives

DISCUSS
Comments
 

Three companies want to spend a total of about $768,000 on expansion projects expected to create 10 full-time jobs.

According to applications for tax phase-ins (formerly called abatements) to be considered Tuesday by City Council, Midwest Salt of Fort Wayne would create five full-time and one part-time job by investing $40,000 in a vacant building at 4528 Hillegas Road. The company makes a variety of salt products and the average salary of the new jobs would be about $38,800.

Vermeer of Fort Wayne, meanwhile, plans to create three full-time and one part-time job through a $500,000 expansion of its facility at 3310 W. Coliseum Blvd. The addition will allow the company to accommodate its complete line of recycling grinders, compost turners and other products. The average salary of the new jobs would be $51,250.

And GCG Industries, a machine shop, would create two full-time jobs through a $223,900 project at 4650 Newaygo Road, with the new jobs paying an average of $25,000.

Phase-ins temporarily reduce the taxes owed on new buildings or equipment.

kleininger@news-sentinel.com


Comments
 
Friday
Friday
High 65 °F
Low 38 °F
67 °F
Mostly Cloudy
Sponsored by Masters Heating & Cooling, Inc.
THIS WEEKS DEAL
Weekly Deal
Lush Hair Artistry
Half-Off  partial hi-light with Jennifer at Lush Hair Artistry ($90 value)
THIS WEEK ONLY
$45.00
50% off!
LOCAL BUSINESS SEARCH
Local Search
FeaturedMore
Things To Do

STOCK SUMMARY
Dow 16408.54-16.31
Nasdaq 4095.529.29
S&P 500 1864.85+2.54
AEP 51.73-0.77
Comcast 49.10-0.07
GE 26.56+0.44
ITT Exelis 18.78+0.18
LNC 48.07+0.44
Navistar 34.00-0.79
Raytheon 100.13+1.10
SDI 18.00-0.90
Verizon 47.60+0.50
  Stock Sponsor