Transwheel Corporation Expansion Tax Abatement Approved

October 14, 2009
Huntington, Indiana
The Common Council for the City of Huntington voted unanimously at their regular meeting on October 13, 2009, to approve a ten year tax abatement for Transwheel Corporation.  Transwheel is considering a major expansion in Huntington which would retain 157 incumbent workers and create approximately 29 new positions within the next few months.  The total investment is anticipated at nearly $2 million and potentially create a total of 65 new positions by the end of 2011.