By Sadie Hunter
A local corporation may be expanding its corporate headquarters in Noblesville after the Noblesville Common Council, at its June 28 meeting, preliminarily agreed to a property tax phase-in for the business.
American Feeding Systems, a custom automation, fabrication and machine manufacturer that builds parts for the defense, medical and advanced manufacturing industries, will build a new, 16,400-square-foot building for its corporate headquarters at 15425 Endeavor Dr., Noblesville. The business is currently headquartered at 3497 Conner St., Noblesville.
The building will house the company’s corporate offices, along with space for light manufacturing, a total capital investment of approximately $1.6 million.
By way of resolution, the Noblesville Common Council designated the property as an economic revitalization area, allowing for a five-year tax phase-in, which will save American Feeding Systems approximately $133,494 while they build and move in to the new headquarters.
The passing of the resolution was the council’s introduction to the proposal, and at its meeting at 7 p.m. July 12, a public hearing will be held and a final resolution voted upon.
American Feeding Systems was established in Noblesville in 1982 by owners Larry Boram, Wiliam Crask and Robert Camp. Camp is the sole owner as of 2013. The business employs 20 and plans to hire five additional employees over the next five years.