B & J Specialty to add 6 jobs

January 15th, 2014

News Coverage:

Albion company to add 6 jobs

Posted: Wednesday, January 15, 2014 12:00 am | Updated: 6:18 am, Wed Jan 15, 2014.

By Bob Braley
bbraley@kpcmedia.com

ALBION — An Albion machining operation plans to add six jobs, the Albion Town Council learned Tuesday.

The council voted 4-0 to approve a tax abatement for B & J Specialty on $310,000 in used equipment purchased from Wisconsin and new to Indiana.

A statement of benefits for the abatement says the equipment is projected to add six jobs with an average yearly salary of $35,000 each.

The equipment would be used in computer-numeric-controlled machining work at the Albion plant.

The Albion Tax Abatement Committee recommended that property taxes on the equipment be phased in over five years. The council agreed to that recommendation 4-0.