American Feeding Systems will invest $1.6 million to construct a 16,000-square-foot headquarters facility with space for light manufacturing at 15425 Endeavor Drive in Noblesville.
The custom automation, fabrication and machine manufacturer builds parts for handling and transferring equipment for firms in the defense, medical and advanced manufacturing industries.
It has 20 employees and plans to hire five more within the next five years.
The Noblesville Common Council has declared the Endeavor Drive property an economic revitalization area, making it eligible for phased-in property taxes that will save American Feedling Systems a total of $133,494 over five years.
Read more from the source: The Times.