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Article: ABATEMENT OK'D FOR NEW PLANT
- Article from:
- Post-Tribune (IN)
- Article date:
- June 26, 1991
CopyrightCopyright, 1991, Post-Tribune. All rights reserved. REPRODUCTION PROHIBITED. (Hide copyright information)
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THIS ELECTRONIC VERSION MAY DIFFER SLIGHTLY FROM THE PRINTED VERSION.
The Town Council on Tuesday approved a tax abatement resolution allowing for future tax breaks for Panel Processing, a hardboard processing business hoping to build a new plant in the town's Southlake Industrial Park.
Richard Anderson, an attorney representing the Alpena, Mich.-based business, said the 72,000-square-foot plant and offices will be built on 3.7 acres on the northwest corner of 93rd Avenue and Mississippi Street.
A remaining 3.8 acres could be used for future expansion.
Total employment, once the plant is completed, will number 180, with an average salary of $9.50 per hour, Anderson said.
The company, which ...