Flexaust On The Grow, Gets Tax Abatement From City
March 31, 2017 at 8:53 p.m.
By Dan [email protected]
The manufacturer of flexible hosing won approval Thursday from Warsaw City Council for a 10-year tax abatement that will coincide with a $7 million expansion.
The company anticipates hiring about 15 people this year and between 25 and 40 over the next few years, said Mike Harvey, vice president and general manager.
The company is headquartered in San Diego, Calif., and has a presence in six states and Mexico, but its main manufacturing facility is in Warsaw.
City Planner Jeremy Skinner introduced the plan. He said the expansion entails $1.6 million in real property and $5.4 in personal property.
The company has several facilities in Warsaw, but much of the construction will be at the Armstrong Road plant on the city’s west side where two buildings are joined by an above-ground tunnel. When construction is complete, the two buildings will be merged, Harvey said.
Harvey said the choice to expand in Warsaw “just makes sense.”
“Indiana’s been very good to us. The county and city have been good to us over the last 20 years that we’ve done some of these abatements,” Harvey said.
Council member Diane Quance said she was pleased the company chose Warsaw for their plans, and council colleague Ron Shoemaker called the company a good corporate neighbor.
Mayor Joe Thallemer said Flexaust has a history of exceeding job growth with its past projections in involving abatements.
The 75-year-old company has been in Warsaw since 1966.
Flexaust currently employs about 182 people in Warsaw. Company-wide, they have 255 workers, according to the company.
Council support for the request was unanimous.
In other council matters:
• Skinner distributed an annual redevelopment report, which provides a financial recap on the city’s five tax increment finance districts. The districts collect money for economic development projects and the total year-end balance for 2016 was $7.3 million.
• Thallemer presented Sue Creighton from the Warsaw Altrusa International Club with a proclamation celebrating the international group’s 100-year anniversary, which will be celebrated on April 11. The local service group was established 44 years ago.
• Former city councilman Kyle Babcock, who streams council meetings on onlinewarsaw.com’s Facebook page, questioned why some posts about the city’s alley enhancement project were removed from the city’s Facebook page. Thallemer said the city uses rules recently established by the city for social media content. He said he would look into the circumstances behind the decision.
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The manufacturer of flexible hosing won approval Thursday from Warsaw City Council for a 10-year tax abatement that will coincide with a $7 million expansion.
The company anticipates hiring about 15 people this year and between 25 and 40 over the next few years, said Mike Harvey, vice president and general manager.
The company is headquartered in San Diego, Calif., and has a presence in six states and Mexico, but its main manufacturing facility is in Warsaw.
City Planner Jeremy Skinner introduced the plan. He said the expansion entails $1.6 million in real property and $5.4 in personal property.
The company has several facilities in Warsaw, but much of the construction will be at the Armstrong Road plant on the city’s west side where two buildings are joined by an above-ground tunnel. When construction is complete, the two buildings will be merged, Harvey said.
Harvey said the choice to expand in Warsaw “just makes sense.”
“Indiana’s been very good to us. The county and city have been good to us over the last 20 years that we’ve done some of these abatements,” Harvey said.
Council member Diane Quance said she was pleased the company chose Warsaw for their plans, and council colleague Ron Shoemaker called the company a good corporate neighbor.
Mayor Joe Thallemer said Flexaust has a history of exceeding job growth with its past projections in involving abatements.
The 75-year-old company has been in Warsaw since 1966.
Flexaust currently employs about 182 people in Warsaw. Company-wide, they have 255 workers, according to the company.
Council support for the request was unanimous.
In other council matters:
• Skinner distributed an annual redevelopment report, which provides a financial recap on the city’s five tax increment finance districts. The districts collect money for economic development projects and the total year-end balance for 2016 was $7.3 million.
• Thallemer presented Sue Creighton from the Warsaw Altrusa International Club with a proclamation celebrating the international group’s 100-year anniversary, which will be celebrated on April 11. The local service group was established 44 years ago.
• Former city councilman Kyle Babcock, who streams council meetings on onlinewarsaw.com’s Facebook page, questioned why some posts about the city’s alley enhancement project were removed from the city’s Facebook page. Thallemer said the city uses rules recently established by the city for social media content. He said he would look into the circumstances behind the decision.
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