04/29/13 What does the Marshall County Economic Development Commission do for current industry?
One of Marshall County Economic Development Commission’s primary roles is to be engaged with existing and potential new businesses and provide assistance in expansion, relocation, and start ups. In this role, the staff often works with businesses involved in the manufacturing sector which employs over 40% of the county’s labor force. Manufacturing is truly the backbone of our economy!
MCEDC provides assistance any way they can to ensure that our businesses have the necessary resources to expand and be as profitable as possible. Often, when an existing or new company expands their building, builds a new facility, or purchases new equipment, they are eligible to receive state and/or local incentives. Such incentives are usually in the form of tax credits or abatement.
The staff works with both the Indiana Economic Development Corporation (IEDC) and the local units of government in determining if such incentives are available and will aid in securing them. The amount of incentives and eligibility are based upon the expected number of new jobs and the total level of investment.
So if your company is planning a building addition to your current facility, building a new facility, or are purchasing new manufacturing, research and development equipment, or transportation and logistics equipment, you should contact the Marshall County Economic Development Corporation office before you begin your construction or installation of your new equipment.
