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10/22/2018 6:30:00 PM
Michigan City council cancels tax abatement for Chicago Faucet

Doug Ross, Times of Northwest Indiana Senior Reporter

MICHIGAN CITY — Chicago Faucets Co. lost its 10-year tax abatement last week for failing to fulfill its end of the bargain.

The City Council voted to rescind the abatement because the company “can’t comply with the act at this time,” Councilman Bryant Dabney, D-1st, said.

“They weren’t able to meet the 50 people they were supposed to hire,” he said. 

The company, which has a plant at 1100 Boone Drive, received a 10-year tax abatement from the council in 2014 in return for investments made in the factory.

Chicago Faucets and other recipients are required to file annual statements to indicate whether they met the conditions set by the City Council in approving the abatements. 

The company did not return a call for comment. 

As a result of the company’s failure to comply, the remaining six years of the tax abatement have been rescinded.

Chicago Faucets is owned by The Geberit Group, which is based in Jona, Switzerland.

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Editor, John C. DePrez Jr.; Executive Editor, Carol Rogers; Publishers: IBRC and IAR


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