• Newsletters
  • Facebook
  • Twitter
Thursday, September 21, 2017
View complete forecast
News-Sentinel.com Your Town. Your Voice.

Manufacturer's $12.6 million expansion to create 27 jobs in New Haven

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.The Associated Press

'Phase in ' would save CSC-Indiana $788,000 over 10 years

Friday, June 21, 2013 09:15 am
A $12.6 million project is expected to create 27 new jobs at a New Haven manufacturer of corrugated paper products.In an application for a tax “phase in” filed with the Allen County Department of Planning Services, Corrugated Supplies Co. Inc.-Indiana said its investment in new equipment would create jobs with salaries averaging between $39,000 and $75,000. If approved the phase in, formerly known as an abatement, would reduce its taxes on the equipment by $788,000 over 10 years.

The company agreed to return 5 percent of its savings to a county fund used to promote economic development.

Fifty-seven people now work at the company's facility at 2190 Summit St. According to the application, the company might not be able to keep pace with customer demands without the added capacity. The new equipment could be purchased next month and operational by early 2014.

CSC, headquartered in Bedford Park, Ill., announced its expansion into New Haven in 2005. The company provides paperboard sheets primarily to small-and medium-sized independent box makers within a 250-mile radius.

Its original New Haven expansion also received a variety of incentives from state and local governments.

The phase-in request could be considered by New Haven City Council next month.


News-Sentinel.com reserves the right to remove any content appearing on its website. Our policy will be to remove postings that constitute profanity, obscenity, libel, spam, invasion of privacy, impersonation of another, or attacks on racial, ethnic or other groups. For more information, see our user rules page.
comments powered by Disqus