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COLUMBIA CITY â Economic development was on tap Tuesday for the Whitley County Council.
The council approved two 10-year tax abatements for a pair of businesses in the county.
Red Star and ChromaSource were the businesses that received the abatements. Both approvals were unanimous by the council.
ChromaSource plans to invest in new equipment that will add up to 12 new jobs for the company by 2014.
CEO Jason Brooks said the company is one of just three like it in North America. He said they are very busy at present.
âWe are probably at full capacity,â he said. âWhich is why we need more equipment. The paint industry is starting to blossom. Right now I see a three-to-four-year back log of strong work for us to do.â
Founded in 1996, the company currently has 110 employees in a facility that is 200,000 square feet.
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