Packaging company seeks abatement for expansion

Back to TopCommentsE-mailPrintBookmark and Share

Just Packaging Indianapolis Inc. plans to expand, creating 35 jobs by 2014.

The east-side company is seeking a property-tax abatement to help offset the cost of new equipment for the expansion. The Metropolitan Development Commission will consider the incentive at its Wednesday meeting. Staff members already have recommended a five-year tax abatement on the company’s $1.3 million investment.

In exchange, Just Packaging said it will create 35 jobs paying an average of $19.10 an hour, according to city documents.

The company, 3131 N. Franklin Road, should save $44,631 in property taxes during the abatement period.

Just Packaging manufactures and distributes corrugated, chipboard and polystyrene packaging to customers in the Midwest. Growth in Indiana and Ohio is prompting the company to purchase the new equipment and expand into a 60,000-square-foot building.


Post a comment to this story

We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
You are legally responsible for what you post and your anonymity is not guaranteed.
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
Subscribe to IBJ