Light industrial company comes to Lake Station with 10-year tax abatement

Light industrial company comes to Lake Station with 10-year tax abatement

Lake Station gained a new light industrial business Thursday, but won’t reap tax benefits for 10 years. Mike Aurelio, of Aurelio IV LLC, of Griffith, said work would begin soon to construct light industrial buildings at 968 Ripley St. At its Aug. 14 meeting, the city council designated the site, between U.S. 20 and the Indiana Toll Road on the west side of Ripley, as an economic revitalization area for a period of 20 years. That resolution state…