Blackford County Companies to Invest More Than $11.5 Million in 2011
Blackford County, Ind. (June 7, 2011) Four companies in Blackford County will invest more than $11.5 Million in 2011, creating more than a dozen new jobs. The companies all located in Hartford City were granted tax abatement by the Hartford City Common Council. The assessed value of the approved abatements totals $ 11,561,150.
The Hartford City Common Council approved Real and Personal Property tax abatement for 3M Corporation, Petoskey Plastics, Hearts with Integrity and Hartford City Quality Pallet.
The Hartford City Common Council continues to reinforce the business-friendly climate found in Blackford County by granting tax abatement for these four quality companies, said Rob Cleveland, executive director of the Blackford County Economic Development Corporation. The Council has shown its willingness to help businesses by granting lesser-used abatements, like the Eligible Vacant Building abatement, as well as the standard Real and Personal Property abatement. In recent years, the Common Councils in Blackford County have approved abatements for manufacturers, health care companies and consulting firms, just to name a few. The willingness of the Common Councils to recognize and encourage investment makes it easier for companies to conduct business in Blackford County while retaining and adding employees.
Print This Page