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Treadit Tire compliance reviewed after wage-reporting and timing issues; committee recommends compliance
Summary
Treadit Tire and Wheel Co. faced a close compliance call after late equipment installations and a CF-1 wage calculation at 89.9% of the 90% threshold for new-employee average wage; company representatives said the gap was roughly $20 and the company remains on track, and the committee recommended compliance.
The Elkhart City Tax Abatement Committee reviewed Treadit Tire and Wheel Co.’s CF-1 compliance after staff flagged a narrowly missed wage threshold for new employees and a complex set of delayed equipment installations tied to COVID-era supply-chain disruptions.
City staff explained that a layer of equipment installed later than planned created timing and assessment issues that required review. For the 2024 CF-1 the company’s average annual wage…
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