Business Briefs: Town OKs tax breaks for metal company

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Town OKs tax breaks for metal company

McCORDSVILLE — Officials approved tax abatements for a metal manufacturing company during their final vote on the matter.

The McCordsville Town Council voted 4-1 on the abatements for Philadelphia-based Southwark Metal Manufacturing Co., which plans to move its Lawrence operation to a new 350,000-square foot facility on the east side of Mt. Comfort Road south of County Road 600N. The light manufacturer specializes in sheet metal pipe, duct work and fittings for residential heating, air conditioning and ventilation systems.

Town council members approved a resolution last month outlining tax abatements for both real property and personal property, both of which will be 100% in the first year, 95% the second, 90% the third, 80% the fourth, 65% the fifth and 60% the sixth before decreasing by 10 percentage points a year until they’re 20% in year 10.

Council members Larry Longman, Tom Strayer, Branden Williams and Barry Wood voted in favor of the abatements while Greg Brewer voted against.

Women in Business Conference going virtual

GREENFIELD — The Greenfield Area Chamber of Commerce’s Women in Business Conference will be virtual this year.

The event, which includes two one-hour sessions, is 11 a.m. to noon Tuesday, Nov. 10, and Tuesday, Nov. 17. The cost is $35 per person, which includes both sessions.

To register, visit the “News & Events” link at greenfieldcc.org.

Indiana chamber holding industry events

INDIANAPOLIS — Two industry events take place virtually this month from the Indiana Chamber of Commerce.

On Oct. 13, compliance and regulatory topics are center stage at the 2020 Indiana Environmental Conference, which is held in partnership with the Indiana Department of Environmental Management. Two weeks later, on Oct. 28-29, the 2020 Indiana Business Tax Conference highlights new federal and state information.

The Indiana Environmental Conference includes sessions on changes to the Clean Water Act, inspection tips, legal matters related to COVID-19 and current advantages of solar, storage and sustainability.

The all new program at the Indiana Business Tax Conference features challenges of the mobile workforce, making sense of state tax and economic development incentives, how to leverage the power of data, the cost of performance and the latest tax and legal issues impacting tech and innovation businesses.

Both conferences cost $399 per person for Indiana Chamber members; the list price is $499. A 20% group discount is available for organizations sending two or more employees to either event. Register to attend at indianachamber.com/conferences.