Saturday, October 25, 2003
THE VINDICATOR
WARREN -- City council approved Wednesday 10-year, 75 percent tax abatements for Charles Manufacturing Co. on Sferra Avenue and Perfection Plastics on Paige Avenue.
Charles Manufacturing, a fabricator of light-gauge metal parts for industrial, commercial and consumer equipment markets, plans to construct an addition and buy equipment. The company plans to hire five additional full-time employees over three years. It is investing $1 million in the project.
Perfection Plastics wants to buy equipment to increase production capacity to attract business from out of state, add railway siding to improve shipments and replace a section of the roof. The project investment is about $545,000. The plastics manufacturer expects to hire five more full-time employees over two years.
Both abatements must be approved by Trumbull County commissioners.