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Abatement allows expansion at IOS

April 6, 2011

COLUMBIA CITY — Economic development expert Alan Tio stood before the Whitley County Council Tuesday morning touting the expanding potential of a local company.
“It’s a growth-oriented company,” said Tio of Imaging Office Systems, Inc., which received from the council a tax abatement of about $350,000.
That tax break, phased in over six years, will be used to free up capital for the purchase of information technology hardware and the software to run it, according to company Senior Vice President Bob Barkley.
“We anticipate adding six new employees,” Barkley told the council.
IOS was founded in 1972 and according to a press release from the Whitley County Economic Development Corporation is a leader in document solutions.
The abatement will allow the company to expand its document scanning capabilities.
The local branch of IOS is located in Park 30 Business Center

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