The City Clerk’s office, as well as council members, noticed many companies were not in compliance with their abatement renewal applications this year.
Besides a possible investment in Tipton County, Chrysler is expanding its operations in nearby Kokomo, possibly adding another 400 jobs.
The ten-year abatement forgives 90 percent of property taxes in its first year then slowly increases the company's tax burden thereafter.
Local businesses either retained or created jobs over the past year
UPS spokeswoman Susan Rosenberg says construction on the modernization is already underway and is scheduled to be finished in September.
A plant closing in Greensburg will cost the community 230 jobs.
The Monroe County Council has approved a tax abatement for Tasus Corporation, a car parts manufacturer.
Monroe County Council members are considering a tax abatement for Tasus Corporation.
Printpack will receive a tax abatement from Monroe County just as soon as leaders sign the council's Memorandum of Understanding.