COLUMBUS, Ind.–At its Columbus City Council meeting on Tuesday evening, the city decided to give a financial boost to two manufacturers planning to invest more in the community.
The first proposal submitted was from Tallman Equipment Company for $615,600. Since moving their headquarters to Columbus four years ago and applying for their previous tax abatement two years ago, Tallman has grown exponentially. The last time they came before the city council, they promised 19 new jobs would be added to their workforce by January 2018. Instead, 33 jobs were added. This time, they are again estimating that 19 new jobs will be added. Starting pay at the company, with no previous Tallman-related work experience, is $16.50 per hour.
The second organization to request tax benefits from the city was AK Tube LLC, requesting $2.2 million to expand the current facility by adding 19,700-square-feet that will house new equipment to facilitate the company’s growth into the structural components arena. Under the new request, they will be able to retain 150 current positions while adding six new positions.
The council approved both tax abatement resolutions unanimously.