Whitestown officials say the town is on fire with economic development.
The Whitestown Town Council approved several tax abatements during its Thursday night meeting.
The council approved a pair of abatements for Becknell Industrial to build speculative buildings in Perry Worth Industrial Park.
"We're on fire," Town Manager Dax Norton said. "This is another industrial build. The developer said they will be purchasing and building on it, but to market it, they'll need an abatement up front."
Becknell has built other buildings in Whitestown including a building off Indianapolis Road where Cummins will be one of its tenants.
Becknell Vice President Pete Anderson said other companies they have built facilities for include Nabisco, Kraft and Nestle.
"Whitestown has been identified as an area where we can provide some facilities," he said. "We've had some success in Whitestown; we're committed to Whitestown. We're here, and we're here to stay."
Becknell said they are looking to build a 104,000-square-foot facility on one parcel and may build two buildings on the other parcel, depending on the interest.
The council approved an abatement for Elliott Company, which has its headquarters in Indianapolis. The company specializes in making plastic foam products for industrial uses such as refrigeration and walk-in freezers.
Whitestown officials say the town is on fire with economic development.
The Whitestown Town Council approved several tax abatements during its Thursday night meeting.
"We're not disappointed to steal a company from our neighbor to the south and bring them here," said Norton. "This is a great win for us. We'll bring a family business here. It will grow here and be an opportunity for people to live here and work here."
Katie Culp, of Katz, Sapper and Miller, said the Elliott family lives in Boone County.
"This is a big move for them because they've been in Indianapolis for many years," she said. "They are looking to make a long-term commitment to the business and Whitestown."
The abatement is a 10-year, 80 percent property tax abatement. Over the 10-year period, the company will pay an estimated $400,000 in property taxes and abate an estimated $600,000. The facility will be 60,000 square feet.
The council also approved a 10-year, 100 percent personal property tax abatement for Vroom, an online car retailer. The incentive would abate $151,900 in personal property such as equipment. The company plans to take over the former Subaru plant.
"We're trying to lead a charge this year," Norton said. "It is across the board a very good job creation project. We're leading the charge in Boone County of changing from the $12 an hour logistics jobs to the higher wage jobs, and I think we should pat ourselves on the back as a town for that."