The company, which was founded in 1964 and reported sales of about $14 million last year, makes construction equipment such as diesel pile-driving hammers and foundation-related machinery. Work could begin in February.
The company is seeking a “phase in” that could reduce taxes on its investment by about $71,000 over seven years. New Haven City Council will consider the request Tuesday.
Pyromation Inc., meanwhile, plans to invest $1 million at 5211 Industrial Road, creating five jobs with an annual payroll of $200,000 and average salary of about $40,000. The company reported sales of nearly $30 million last year. Remodeling of the administrative area and construction of a new lab could begin next month and conclude in September.
The company, which makes industrial temperature sensors, currently has 186 full-time employees. Fort Wayne City Council will consider its application Tuesday. If approved, the phase-in would save the company more than $233,000 in taxes over seven years.