Fort Wayne's First Gear to seek abatement on $1.5 million investment

During the next five years, First Gear Inc. will invest$1.5 million and add eight jobs at its 7606 Freedom Way location in Fort Wayne, paperwork filed with the city shows.

The machining business will seek a10-year abatement on equipment that includes cutting gears for various customers. The tax break would save the company$98,155.