GOSHEN — A local business plans to expand their operations, hiring 100 more people and adding more than $1 million in building upgrades and new equipment over the next few years.
Wieland Designs will ask the Goshen City Council to take the first step Tuesday evening to approve a tax break on the upgrades and equipment.
The break would save the company a total of $75,422 over a seven-year period, according to Mark Brinson, community development director for the city.
“Wieland Designs is a locally owned and operated manufacturer poised to execute an aggressive growth plan,” Brinson said in the request to the council. “The Indiana Economic Development Corporation will be supporting this project with additional incentives” if the council approves the tax break, Brinson said.
The company designs and manufactures commercial furniture and produces other cut-and-sew products for various industries, according to the application prepared by Steven Yoder, human resources manager for Wieland.
The new hundred people would bring in about $2.7 million in annual salary, according to the application.
The council has been supportive of other requests for tax phase-ins, both larger ones like Wieland’s request and shorter-term ones designed to help landlords reinvigorate unused industrial spaces across the community.
The council will also consider a five-year tax phase-in for Kinro at Tuesday night’s meeting. They already unanimously gave preliminary approval to Kinro’s request Sept. 6. Kinro’s move will add 20 local jobs and delay taxes on $2.5 million in new equipment, saving the company about $96,000 total.