Adams-Wells Regional News

Wednesday, April 25, 2012

County council helps Isolatek become ‘leader’

Huntington County Tab:

Huntington's Isolatek International will become a world leader with its multi-million dollar project to switch to a cleaner-burning fuel for its blast furnaces.

The project was laid out April 23 for the Huntington County Council and won a 10-year tax abatement for the $4.2 million investment.

Under the abatement, the amount of taxes collected by the county on the new investment will be gradually phased in until the full assessment is collected at the end of 10 years.

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