Kosciusko County will be getting a boost to its employment base after a business requested a $22 million tax abatement this week for new equipment.
John Pierog, vice president of manufacturing for RR Donnelley, made the request for the abatement at the County Council’s meetingThursday.
He said the abatement would cover new equipment, which would allow the company to meet the needs of new customers and a changing marketplace, according to the Kosciusko County Economic Development Corp.
The company provides print, digital and supply chain solutions and cost-effective communications services, according to its website.
Pierog directed further inquiries to the company’s corporate media relations contact, who did not return a message seeking comment.
More than 1,000 people work for the company in Kosciusko County, which has been there more than 50 years, the Economic Development Corp. said on its website.
The business plans to hire 75 employees starting this fall once the new equipment is installed, according to the EDC.
We are excited about their acquisition of state-of-the-art printing equipment that will not only add nearly 100 good paying jobs but help retain the current employment base, said Larry Teghtmeyer, the council’s vice chair.
Enough people have joined Kosciusko County’s workforce in recent months to bring the county’s unemployment rate to the fourth-lowest in the state this spring.
There were 40,460 people employed in the county in May, up by more than 700 from April, according to the EDC.
We have not seen this level of total employed since before the recession, corporation President George Robertson said in a news release.
The county’s May unemployment rate was 4.3 percent, according to Stats Indiana, a website maintained by the Indiana Business Research Center.