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Vestil Received Tax Abatements from City of Angola
Wednesday Sep 06, 2017 2:10pm
Angola, IN

By: Sheila McCrea

Vestil Manufacturing received approval from the Angola Common Council for tax abatements for their next expansion project.

The company received 10-year tax abatements on improvements and equipment. The expansion is projected to bring 100 new jobs to the area by 2021 in its 8,100 square foot expansion at the current facility located at 2999 North Wayne Street, and at a 250,000-square-foot fulfillment center that will be at the corner of Pokagon Trail and Growth Parkway.

Vestil is expecting to spend about $14.8 million on the new facilities and machinery.

The company announced plans last week after news that the Indiana Economic Development Corporation offered Vestil Manufacturing up to $550,000 in conditional tax credits and up to $200,000 in training grants based on the company’s job creation plans.

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