Council OKs Valeo Tax Abatement

Bryan Robbins presented Valeo North America’s tax abatement request to Greensburg City Council on Tuesday night. (WRBI Photo)

(Greensburg, IN) – Greensburg City Council approved a tax abatement for Valeo North America on Tuesday night.

Bryan Robbins, who is the Greensburg/Decatur County Economic Development Director, told council the company was asking for incentives on a $1.5 million investment on the retention of 68 jobs at a collective $3.9 million in salaries.

Robbins says the Tax Abatement Review Committee looked over the request.

The committee recommended a three-year, phased in tax abatement.

City council unanimously approved the request.