Client Snapshot
Huston Electric
Client Profile
With multiple locations in Indiana, Huston Electric, a full-service electric contractor, focuses on providing high-quality workmanship through electrical contracting and service work. They currently employ around 350 people across their four Indiana locations.
Huston Electric approached us to procure incentives on their behalf for an expansion project. They planned on building 8,000 square feet of additional office spaces and a 4,000-foot prefabrication shop expansion with hopes to streamline project workload in addition to plans to construct. This new shop is expected to bring 15 new full-time jobs to the area.
Process
Our Location Advisory team negotiated a deal with state and local officials that involved a 10-year abatement for the project. Despite their growth, it was initially unclear if state and local governments would support this project due to the specific industry. However, with Huston Electric’s positive reputation, we were able to procure a local tax abatement of $194,361 and a local training grant of $11,250. The process of negotiating and procuring the incentives took about four months.
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$194,361
Tax Abatement
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$11,250
Local Training Grant
State and Local Incentives
Tax Abatement | $194,361 |
Local Training Grant | $11,250 |
Total Incentives | $ |