Top

Newmar Granted 5-Year Abatement for Expansion

  Print Print

December 7, 2017 by   Leave a Comment

Expansion plans are in the works for Nappanee, Ind.-based Newmar Corp. following the approval of a five-year tax abatement. The Goshen News reported that Newmar officials want to move and expand the company’s service facility to a location at 1301 Stahly Drive.
 
Newmar is planning to make a $5,062,000 real property investment and a $2,758,000 personal property investment, including manufacturing equipment, logistics, distribution equipment and informational technology equipment. The company expects to add at least 13 full-time positions with an average rate of $33.24 per hour.
 
At last month’s Nappanee City Council meeting, Joe Shoemaker, vice president of administration told council members the company has a couple of goals with this expansion. He said they want to combine their service operations that are currently “scattered all over” and get the service technicians and parts department all in one place.
 
Shoemaker said they also want to increase the number of service bays from 35 to 50. In doing so, Newmar officials hope to decrease the wait time for their service warranty work and increase their ability to offer extra service and after sales, according to Shoemaker. He said they’ll be taking the existing 50,000-square-foot facility and adding 80,000 square feet plus another 28,000 for office space.
 
The phase-in for both the real and personal property is 100% for the first year and decreasing by 20% each year until the fifth year.
 
For the full story click here.
[Slashdot] [Digg] [Reddit] [Facebook] [Google] [StumbleUpon]

Comments

Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!





*

Bottom