Three projects expected to bring nearly 300 jobs to city

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The Seymour City Council will consider requests for more than $50 million in tax abatements that are expected to bring nearly 300 jobs to the city.

During a meeting at 7 p.m. Monday at city hall, Indiana Polymer LLC, represented by company President Liang Zhao, plans to request a $500,000 abatement for manufacturing equipment.

The equipment will be installed in buildings the company plans to purchase at 916 and 926 F Ave. in the Freeman Field Industrial Park. The company, which works with plastics and recycling, plans to hire 10 workers with salaries of $400,000.

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The council also will review two expansion project requests.

The largest of the two projects involves headlamp maker Valeo North America Inc.

According to that company’s statement of benefits of personal property, that project will involve the addition of $39.87 million in equipment at 1231 A Ave. North at Freeman Field.

The project, which would begin Jan. 1 and end Dec. 31, 2019, is expected to add 255 workers to the company’s present workforce of 1,803, and the new jobs will produce $16.3 million in additional wages.

Lannett Company Inc. also will be asking the council for an abatement for $10.45 million in new equipment and $100,000 in logistics distribution equipment for its expansion project at 1101 C Ave. West at Freeman Field.

That project is expected to add 30 jobs to the present workforce of 620 and $1.1 million in wages. It is scheduled for completion Jan. 31, 2019.

Other items on the council’s agenda include a salary ordinance for elected officials. If approved, that ordinance sets the mayor’s salary at $72,857, the clerk-treasurer’s salary at $60,475 and the base level of council member salaries at $6,017.

The council also is being asked to amend the city’s schedule of violations and fines to remove a section dealing with moving traffic violations. A change in state law means municipalities are no longer permitted to enforce moving traffic violations as city ordinance violations. Such violations must now be prosecuted as violations of state law.

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