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County council approves 7-year tax phase-in for local automation firm Procuma
Summary
The Vanderburgh County Council on a unanimous vote approved a seven-year tax phase-in for Procuma, a local engineering and automation company planning a new 12,000-square-foot facility that county staff say will retain 10 jobs and create 12 additional positions over five years.
The Vanderburgh County Council on a unanimous vote approved a preliminary resolution granting a seven-year tax phase-in to Procuma, a locally owned engineering and automation company proposing a new 12,000-square-foot facility at 8301 North Kentucky Avenue in Omicron Industrial Park.
Pat Hickey, of the Abenso Regional Economic Partnership (EREP), told the council Procuma’s proposed project includes a total investment of $2,325,000, retains 10 existing employees and foresees adding 12 new jobs over five years. EREP’s scoring placed the project high enough to qualify for a standard seven-year…
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