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Council approves personal-property tax abatement for D Martin Enterprises expansion
Summary
The Common Council approved a personal-property tax abatement for D Martin Enterprises to support equipment purchases for an expanding manufacturing operation; the company said it expects to hire additional workers and start some hires from the local high school and Ivy Tech.
The Michigan City Common Council on July 15 approved a resolution granting a personal-property tax abatement to D Martin Enterprises to support the company’s equipment purchases for an expansion.
Councilman Beatrice, the resolution sponsor, described D Martin as a family-owned company in Michigan City since 1975 that supplies electric-arc furnace solutions and recruits locally, including high-school partnerships and Ivy Tech. Caroline Cartagena Edwards of the Economic Development Corporation told the council the company’s construction is more than 50% complete.
Cassie Martin Graham, vice president of operations for D Martin Enterprises, said the company is already hiring and training workers and encouraged council members to visit the facility.
Job and salary details presented in council discussion: Councilman Beatrree read figures from the SB-1 form: current number of employees listed as 21 with retained payroll of $1,162,362.10; additional employees projected at 34 with projected salaries of $1,978,528. Council member discussion also noted general-labor starting pay at the facility around $20 per hour and benefit availability.
Council vote and outcome: The council approved the resolution to grant the personal-property tax abatement (motion by Councilman Beatrice; second by Councilman Prince Belinski; vote 6–0).
