LAFAYETTE, Ind. (WLFI) - Tuesday morning, Tom Taulman, President of TKO Graphix out of Indianapolis, stood before the Tippecanoe County Council and requested a tax abatement for a new project in the works.
"We're purchasing 30 acres of land and we're going to have about 20 acres of trailer parking and we'll have about a 12,000-square-foot shop," Taulman explained.
The Indianapolis-based company specializes in car and semitrailer decals and design. They'll be investing $2.1 million in Tippecanoe County, bringing at least 10 new jobs to Lafayette this summer.
"We take used trailers, 5- to 7-year-old trailers, remove the decals on them, get the trailers serviced and ready for re-sale," Taulman said. "Then as they sell, we end up putting other people's decals on them and just get them ready to go back out on the road again."
Taulman said the company chose to expand to Lafayette because of other manufacturers in the area.
"It's grown and it keeps getting bigger with some of our clients," Taulman said. "A lot of them do a lot of business with Wabash National, so they would rather drop their trailers in Lafayette and then they're ready to go out of here."
"Capital investments are always a great thing," Economic Development Program Manager with Greater Lafayette Commerce Lauren Davis said. "We have had a lot of big announcements recently so one more announcement is always a great thing to have."
Taulman said he's hoping to break ground on the corner of County Road 450 South and U.S. 52 in Lafayette in the next two or three months.
The 5-year tax abatement request will have its second and final reading at the Tippecanoe County Council meeting next month.
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