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Tax abatement committee finds ATC compliant on property but notes shortfall on new jobs
Summary
The Elkhart City Tax Abatement Committee recommended that American Technology Components Inc. be found in substantial compliance for real and personal property investments but recorded two consecutive years under the new-jobs commitment; the committee forwarded its recommendation to the full Common Council.
The Elkhart City Tax Abatement Committee recommended that American Technology Components Inc. (ATC) be found in substantial compliance with the statement of benefits for real and personal property, while noting the company has fallen short of its pledged new-job targets for two consecutive years.
ATC owner and chairman Steve Haines told the committee the company has met or exceeded its capital and real-property commitments but that hiring lagged after an RV-industry downturn: “I purchased the company when I was 27 years old,” Haines said, describing multigenerational ties to Elkhart and plans to bring tooling and work…
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