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Bill 16-41 Personal Property Tax Abatement for The Lebermuth Company, Inc.
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Bill 16-41 Personal Property Tax Abatement for The Lebermuth Company, Inc.
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4/26/2017 10:05:54 AM
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4/20/2016 2:44:28 PM
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Cityof South Bend <br />I ti ,f <br />Petition forIncentives <br />Petr6on mustmclude a $250 filing fee payable to the City Clerk's Office or online via the City's wehsite at <br />`^�st " . rebs <br />hitpJ /saufhbendm gowgovernment /content /tax abatement before processing can be complete. <br />Legal nameas registered wtth`Secretary of <br />state The Lebermuth Company, Inc. ' <br />ea5inessstructure S Corp <br />vestment Details <br />Companywebsite <br />www. leberm uth. corn <br />Proposed project address Fo-04Technology Drive <br />Parentcompanyname - <br />- <br />City, State, zip - - - - - <br />South Bend, IN 46628 <br />Legal owner <br />The Lebermuth Company, <br />p y, Inc. <br />Site acreage or acreage required <br />purchased from out ofstate for the project? <br />Is the real estate owned or <br />Owned <br />$25,000 <br />$1,200,000 (Germany) <br />leased <br />Square feet offacility ..- <br />1120,000 _ <br />Ifleased by whom <br />Primary company contact name: <br />Carmen Wright <br />Title ' <br />, <br />HR Manager . <br />AIddressofcompanyeontact <br />4004 Technology Drive <br />Phone <br />574- 259 -7000 <br />City, State,Zip - <br />South Bend, IN 46628 email <br />Carmen.Wri ht lebermuth.com <br />Companyseniarofficialname Title <br />Mark Sinclair <br />- <br />CFO /Controller <br />Address of company contact (if different from <br />above ) 4004 Technology Drive <br />Phone <br />574- 259 -7000 <br />`ty , Stag Zip South Bend, W 46628 <br />Email <br />Mark. Sinclair lebermuth.corn <br />Consultant Inform ati on/Agent <br />Hired business consultant /agentname <br />RSM US LLP /Eric <br />Consultant release (Y /N) <br />Y <br />Address <br />9225 Priority Way West Drive #300 <br />Local economic development <br />partners <br />Y <br />city,State,Zip <br />Indianapolis, IN 46240 Email eric.Ievenha en rsmus.co <br />Brief description ofyour -. <br />Since 1908, The Lebermuth Company has been a leading innovator in the fragrance, <br />company, project, and whythe <br />flavors and essential oils industries. This family owned company is evaluating an <br />eco�om �growthsary for installation <br />of Fricke automated filling equipment for about $1,200,000 in May of 2016 <br />along with possible $225,000 building addition to house the Concordia automated <br />machine. This type of automated equipment generally reduces staff by 4 positions, but <br />the <br />company does not plan on reducing their overall staff levels. The company did not <br />request Personal Property tax abatement on the last expansion in 2013 and has met <br />their <br />goal of $1,200,000 Real Property tax abatement investment goal from 2013. The <br />company did end up creating about 15 net, new jobs from t ' era- <br />thoughthey <br />did not commit to new hiring in previous appli atio il�I�P�EL <br />have additional net, new hiring at this site with about 5 ne stT <br />APR 20 2016 <br />CerttfiedTechnology Park appropriate <br />Yes <br />i ti 0 <br />CommunityRevitalization Enhancement <br />6%, d�t . <br />No CITY CLERK, SOUTH BEN r <br />Ce that the Building Permit has not been <br />2S <br />Numher6fresidentialumtrcreated6y`-- <br />issued Y/N <br />ro ect'� _- <br />Ifthisisa petition forpersona ,propertytaxabatement,has <br />No <br />the equipm b'een'installed <br />vestment Details <br />Public Infrastructure needs Off- <br />( <br />Hasan 504fuodingbeen <br />y <br />What is the value of any 'equipment bein - <br />gpurchasedin <br />What is the valuepfanyequipmentbeing <br />site ofprojectindollars) <br />received? <br />Indiana for the project? <br />purchased from out ofstate for the project? <br />No <br />No <br />$25,000 <br />$1,200,000 (Germany) <br />IN <br />
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