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Forest River Seeking Tax Breaks for Expansion
Posted By RVBusiness On July 16, 2012 @ 8:11 am In Breaking News | No Comments
Goshen, Ind.-based Forest River Inc. is seeking state and local tax breaks the company says will allow it to add 445 new jobs through plant expansions.
The Associated Press reported that Forest River is seeking a pair of tax breaks from Elkhart County to expand its operations in Middlebury and Millersburg. The company is one of the county’s biggest employers.
Company spokesman Mike Stump tells The Elkhart Truth the tax breaks would allow Forest River to remain competitive in the RV industry. The company has asked for tax deductions spanning eight years for its property improvements and equipment.
Stump says the company must gain local support to qualify for state assistance, which could add up to between $6 million and $10 million.
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