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Council approves 2023 tax abatements

Summary by Ground News
Cummins received more than $9 million in tax abatements for improvements to its local operations. Tax abatement occurs over a 10-year period in which companies pay 10% more on taxes each consecutive year. Cummins plans to put $2.6 million toward the personal property projects regarding Project GZ04 and $5.9 million toward new machinery.

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The Times of Northwest IndianaThe Times of Northwest Indiana
Center

Council approves 2023 tax abatements

The Town Council reviewed tax abatement performances of seven businesses.

·Cherokee County, United States
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The TribuneThe Tribune
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Two tax abatements approved for Cummins - Seymour Tribune

An international company that makes diesel, natural gas and alternative fuel engines received more than $9 million in tax abatements for improvements to its local operations Monday night during a Seymour City Council meeting at city hall. Jim Plump, executive director of Jackson County Industrial Development Corp., spoke on behalf of Cummins, which was requesting three abatements — two for projects involving the purchase and installation of pers…

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The RepublicThe Republic
Center

Two tax abatements approved for Cummins

SEYMOUR — Cummins received more than $9 million in tax abatements for improvements to its local operations Monday night during a Seymour City Council meeting at city hall. Continue reading at The Republic News.

·Columbus, United States
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The Republic broke the news in Columbus, United States on Thursday, March 30, 2023.
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