tax abatement

Monroe County is giving a biopharmaceutical company a tax break of nearly $10.4 million to expand its operations near Bloomington’s west side.

Phoenix Closures, Inc., also known as Phoenix Packaging, wants to add 21 new jobs to its facility on Bloomington's west side.

Did the army corps of engineers may have left graves unexhumed when they flooded Lake Monroe? What will happen to Catalent's tax abatement since it laid off 150 employees? And why is Bloomington covered in smoke? These stories and more on Indiana Newsdesk.

After multiple rounds of job cuts in the last year, Catalent is not likely to receive the abatement granted to it by the city of Bloomington in 2022.

The $350 million expansion is not guaranteed. If selected, Catalent would add 1,000 jobs with an average salary of $60,000 over the next five years.

If selected, the $350 million expansion could add 1,000 jobs to Bloomington over the next five years.