$4.4M in city tax breaks on track for approval – Dave Taylor – Tribune Star

Tax breaks for some significant industrial and commercial investments in Terre Haute are making their way through the approval process. The procedure requires two votes by the City Council, the mayor’s signature and action by the city’s Board of Public Works and Safety.

The public works board signed off Tuesday on property tax abatements totaling $4.4 million on $48 million in investments that businesses say will create or retain 158 jobs with annual payrolls totaling $8.2 million. Salaries would range from $42,567 to $75,000.

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Steel firm’s plans to leave Cook County for Indiana blamed on anti-business policies – Michael Carroll – Illinois New Network

A Cook County steel plant is laying the groundwork to relocate to Gary, Ind., after winning the Gary Redevelopment Commission’s go-ahead this week for a 25-acre purchase of industrial land.

The move by Alliance Steel Corp. prompted observers of Illinois’ business climate to say it reflects a continuing out-migration of Illinois businesses looking to escape high taxes, bad public policies and a looming pension crisis. The company expects to employ about 100 people at its planned 250,000-square-foot plant in Gary.

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Officials: NTK bringing 198 jobs, $98 million investment to Anderson – Ken de la Bastide – The Herald Bulletin

ANDERSON – A sister company to NTN Driveshaft will make a $98 million investment in Anderson that will bring 198 jobs to the city.

Anderson city officials will announce this morning that NTK Precision Axel Corp. will build a 300,000 square foot facility to the west of the NTN Driveshaft building near 73rd Street and Layton Road.

NTK hopes to start production at the Anderson facility in October 2018. The last of the 198 jobs are expected to be created by 2021.

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Illinois-Based Manufacturer Expanding in Lake County – 6/28/2016 – IN.GOV

Indianapolis Indiana Secretary of Commerce Victor Smith and Hobart Mayor Brian K. Snedecor joined executives of NB Coatings, a Japan-owned manufacturer of automotive coatings for plastics, today as the company broke ground on its new northwest Indiana facility, creating up to 22 new jobs by 2018. Among all U.S. states, Indiana has the largest amount of Japanese investment per capita with more than 250 Japan-based businesses operating in Indiana today, said Governor Mike Pence. As a state, we’ve made it a top priority to establish a pro-growth business environment that is attracting job creation from across the globe, and today Im proud to welcome yet another international business to the Hoosier state.

Source: Illinois-Based Manufacturer Expanding in Lake County – 6/28/2016 – IN.GOV