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Cequent Towing Products’ request for a tax abatement on $9 million of equipment at the company’s Goshen, Ind., facility was approved 4-2 Tuesday (March 1) by the city council, according to the Elkhart Truth.
After being denied last summer, Cequent came back with new information on wages, commitment to the area and environmental controls. It was enough to sway one council member’s vote and signal approval.
In the most extensive discussion of an abatement yet by the Goshen council, Cequent made its case for continued growth in the area and the addition of higher-paying jobs.
Cequent representatives outlined how sister companies have followed through on abatement-related promises while listing ways the plant has been improved to make it more environmentally friendly.
Plymouth, Mich.-based Cequent, a TriMas company, is a leading producer of towing products for the RV industry, including the Draw-Tite, Fulton and Reese brand names.