Newmar Requests Tax Abatement for Expansion

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November 8, 2017 by   Comments Off on Newmar Requests Tax Abatement for Expansion

Newmar Corp., looking to expand and streamline operations, approached the Nappanee, Ind., council to request a tax abatement.

The Goshen News reported that Chris Stager, vice president of retention and expansion for the county’s Economic Development Corp., accompanied Joe Shoemaker, Newmar’s vice president of administration, to the council meeting.

Newmar has been a leader in recreational vehicle manufacturing throughout its history in Nappanee, Stager said, and now wants to expand its service department. The company is currently marking its 50th year of operation.

The expansion at 1301 Stahly Drive would include a $5,062,000 real property investment and a $2,758,000 personal property investment. Newmar officials expect to add at least 13 full-time positions with an average pay rate of $33.24 per hour. Council members were asked to approve a declaratory resolution stating that the property is in an economic revitalization area and to approve a five-year tax abatement with 100% abatement the first year that would decrease by 20% each of the next five years.

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