Tax abatement sought for New Haven plant
CSC-Indiana LLC has asked for a tax abatement for a $2.4 million investment in new machinery at its plant in New Haven.
The company, a manufacturer of corrugated paper, states in its application the equipment will be installed at its plant at 2190 Summit St.
The move will create an additional six full-time jobs, the application states.
The new equipment will take narrow rolls of paper and glue them together to make a full-size roll, making use of a lower-cost raw material and making corrugating equipment more efficient, the application states.
Installation is expected next spring, and the new jobs are expected to start in April 2019. Their average salary is $50,000, the application said.
Jobs carry paid vacation and holidays. Other benefits include sick leave and a pension plan, plus health, dental, vision and life insurance.
The company is asking for an abatement that would save the company about $150,000 in taxes during a 10-year period.
A public hearing on the proposal, which includes declaration of an economic revitalization area, will take place at 7 p.m. today at the city administration building, 815 Lincoln Highway E.