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Council approves 7‑year personal property abatement for Trio World Corp. at 9822 E. County Road 400 N.
Summary
After a public hearing with no speakers, the Brownsburg Town Council approved a confirmatory resolution making a portion of property at 9822 E. County Road 400 N an economic revitalization area and recommending a 7‑year personal property abatement for Trio World Corp.'s planned investment and job creation.
The Brownsburg Town Council on Sept. 25 approved a confirmatory resolution making property at 9822 East County Road 400 North eligible for a seven‑year personal‑property abatement as part of an economic revitalization area for Trio World Corp.
Ethan, town economic development staff, reviewed the project: Trio World plans to lease a 245,000‑square‑foot building (the Brennan Building) northwest of Lucas Oil Raceway and to invest about $40,000,000 in personal property. Staff said the company intends to be operational in 2026, initially creating 33 jobs at an average hourly wage of about $25. Ethan stated the company expects to employ about 65 people “by 02/1930” as presented to the council (that date appears in the meeting record as presented by staff). Based on the town’s economic development incentive policy, staff recommended approval of a seven‑year personal property abatement.
The council opened the advertised public hearing; there were no public comments, and the hearing was closed. A councilmember moved to approve Resolution 2025‑16C as presented; the motion carried by voice vote with no recorded opposition.
What happens next: The confirmatory resolution is the next step in the abatement process; the abatement and any associated agreement will proceed under the town’s economic development policies and applicable state rules.
