Lippert, Falcon Corp. Receiving Tax Phase-ins

May 8, 2013 by · Comments Off on Lippert, Falcon Corp. Receiving Tax Phase-ins 

The Goshen City Council approved Tuesday (May 7) tax phase-ins for two RV companies that could bring more than 400 new jobs to the Indiana city.

According to a report by the Goshen News, Lippert Components Inc., which produces chassis, chassis parts, galvanized steel roofing and components for the recreational vehicle and manufactured housing industries, received approval for a tax phase-in to expand its operations at three Goshen facilities.

According to Mark Brinson, community development director for Goshen, new manufacturing equipment, painting equipment, lathes and dust collectors will be added beginning this month. The cost will be $10 million, resulting in up to 376 new jobs being created by 2016. All the jobs created will be for production positions, which will average $13 per hour.

Ocala, Fla.-based Falcon Corp., a distributor for electrical, plumbing, ventilation, air conditioning, doors, windows, electronics and appliances, received a seven-year tax phase-in for real property and a five-year tax phase-in for personal property investments.

With the approved phase-in, the company plans to build a 170,000-square-foot distribution facility which will also serve as a regional headquarters. The $3.9 million facility will be constructed along Century Drive beginning this month. The company will also spend $502,000 for equipment.

About 27 new jobs will be created with the approved phase-in and the company will move 37 jobs to Goshen from its Elkhart facility. Wages for the new positions will range from $33,280 a year for production workers to $148,000 for sales positions.


[Slashdot] [Digg] [Reddit] [Facebook] [Google] [StumbleUpon]