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Commission approves five-year personal-property abatement for Grama US Inc. at West Washington Street
Summary
The Metropolitan Development Commission approved a five-year personal-property tax abatement for Grama US Inc. (bringing its first U.S. manufacturing operation), citing $2.25 million in real-property renovations, $4.2 million in equipment investment and 80 new jobs at $36/hour.
The Metropolitan Development Commission approved a resolution recommending a five-year personal-property tax abatement for Grama US Inc.’s facility at 8517 West Washington Street in Wayne Township.
Kathy Battle, program manager with the Department of Metropolitan Development’s economic incentives team, said Grama US Inc., headquartered in Ontario, Canada, is locating its first U.S.-based manufacturing and assembly operation in Indianapolis. Staff reported the company plans $2,250,000 in real-property renovations and $4,200,000 in personal-property manufacturing equipment.
Battle said Grama committed to creating 80 new jobs with an above-average wage of $36 per hour and that 5% of the company’s estimated tax savings — reported by staff as a little more than $7,000 — will be donated to the modern apprenticeship program. Staff recommended approval of resolution 2025 A-033, and commissioners approved the resolution by roll call; the meeting record shows the resolution passed 8 to 0.
The transcript contains no public comment on the item and no additional conditions beyond those summarized by staff.
