Metal Companies Expanding in South Bend
Two South Bend-based metal businesses are seeking approval of tax abatements for their respective expansion plans. Imagineering Enterprises Inc. and Industrial Metal Fab Inc. plan to create a total of 35 jobs over the next six years.
Imagineering Enterprises is looking to invest $3.5 million to expand its facility near the South Bend International Airport. The project would create 25 full-time jobs. The company is seeking a total of more than $120,000 in real and personal property tax abatements.
Meanwhile, Industrial Metal Fab plans to invest $520,000 to expand its facility and purchase new equipment. That expansion is expected to bring 10 full-time jobs to South Bend. The company is requesting a total of more than $20,000 in real and personal property tax abatements.
The South Bend Tribune reports the South Bend Common Council will consider final approval of the tax abatement requests later this month.
The publication adds South Bend-based computer supply company 3B Tech Inc. has received approval of a tax abatement for its $840,000 expansion. The project is expected to bring 100 full-time jobs to the area in the next five years.