Porter Pipe & Supply
Porter Pipe & Supply Company is headquartered in Addison, Illinois and offers end-to-end services to meet the needs of its clients. Porter Pipe services clients in the commercial plumbing, mechanical contracting, heating and cooling, and industrial supply industries. Porter Pipe services include actuation, heating systems, end-preparation and cutting, delivery and logistics, information management, and more.
Porter Pipe and Supply Company expanded to an Indiana operation in Hammond, Indiana in 2006. With continued market productivity, especially in the construction industry, Porter Pipe identified the need to locate a new Midwest service center. This new center would include fabrication, distribution, and will-call facilities to service surrounding markets.
Indiana Business Investment Case Study
Porter Pipe hired McGuire Sponsel to negotiate and procure economic incentives on their behalf in support of the company’s considered expansion. McGuire Sponsel negotiated and worked with the Indiana Economic Development Corporation (IEDC) to procure tax credits and incentives to assist with the expanded operation and employment on Indianapolis’ west side. The company, with the guidance and collaboration of McGuire Sponsel’s Credits and Incentives team, requested and received EDGE tax credits from the State of Indiana. These incentives will assist the company’s growth plans to a projected 25-30 additional employees.
Economic Development for a Growing Economy (EDGE) Tax Credit
State and Local Incentives
|Economic Development for a Growing Economy (EDGE) Tax Credit||$210,000|