Dana Light Axle Products is planning a $4.2 million equipment investment at its Fort Wayne location, 2100 W. State Blvd.
The company filed paperwork with the city earlier this week to receive a 10-year abatement that would save the business more than $267,000. The matter will come before City Council members April 24.
The project will result in five new jobs.
Dana makes axles, drive shafts, transmissions and other products for light- and heavy-duty vehicle manufacturers.
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