Batesville, IN — A 5-year tax abatement was approved on Monday for an addition to Med Mizer. The company plans to expand their current business with an investment of $350,000. The expansion will bring 10 new positions to the current business, with an average pay scale of over $20 per hour, and indirectly add 7 jobs throughout the community. This abatement was similar to those given in the past to businesses like Crum Trucking and Hillrom.
A tax abatement is a financial incentive that, in this case, reduces the amount of taxes that an owner pays on a piece of commercial property. City’s across the state tend to give abatements as an incentive to start or continue growing their business in the community.
Med-Mizer offers its medical products across a wide range of markets within the health provider industry.
