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Council preliminarily approves tax abatement phase-ins for two manufacturers, citing job creation
Summary
Resolutions C2025-11 and C2025-12 were adopted to declare economic revitalization areas for Separation by Design (1601 Buchanan Road) and IRD Group (2138 N Sixth Avenue), qualifying for six-year and five-year tax phase-ins respectively; the projects reported combined new job creation and capital investments.
The Evansville Common Council on March 31 adopted two preliminary resolutions declaring Economic Revitalization Areas and authorizing property-tax phase-ins for projects expected to expand manufacturing capacity and create jobs.
Resolution C2025-11 covers Separation by Design (1601 Buchanan Road), which Pat Hickey of the Evansville Regional Economic Partnership said proposes a $4.32 million expansion with $3.82 million in real estate improvements and $500,000 in new equipment, adding about 78,000 square feet and creating 25 full-time jobs with an average wage of $36.39 per hour. EREP recommended a standard six-year abatement schedule; staff estimated Separation by Design’s tax phase-in would save roughly $360,000 over six years under the recommended schedule.
Resolution C2025-12 covers IRD Group Inc. (2138 North Sixth Avenue), which seeks to invest $659,000 in new manufacturing equipment to increase capacity for revolving and architectural doors and floor grates. Pat Hickey reported the project would create 23 full-time jobs with an average wage of $28.52 per hour and that nearly all of the company’s sales are to customers outside Indiana, bringing external revenue into the local economy. Based on the city score sheet, EREP recommended a five-year phase-in for IRD.
Both resolutions include standard compliance and clawback provisions and require annual reporting to verify investment and job-creation commitments. Council recorded unanimous roll-call votes of 9 ayes and 0 nays for each resolution and declared both adopted.
