West Pharmaceutical plans to open a location in the former BWI Group building at 989 Opportunity Parkway in Greenfield.
West Pharmaceutical plans to open a location in the former BWI Group building at 989 Opportunity Parkway in Greenfield.
Greenfield City Council unanimously voted to give West Pharmaceutical Services a 15-year personal property abatement this week, cementing the arrival of the injectable drug administration company to Hancock County.

The 15-year abatement, approved Wednesday night, represents the first time in recent memory a taxing unit in Hancock County has given a tax abatement longer than the decade-long window. The abatement is unique, not only for the longer term of benefits, but also because 100% of the assessed value in personal property is abated for all 15 years of the abatement.

Greenfield Mayor Guy Titus celebrated the arrival of West at the meeting, saying it would be a good community partner.

“I think it’s going to be a long relationship,” he said. “I had a meeting with them the other day on all the great things and the partnerships with our schools and different things that they’re going to have. I think this will be a good thing.”

Tax abatements are tax exemptions municipal and county governments can use to attract new industry into their area. This is done by exempting from the property tax roll all or a portion of the new assessed value resulting from investment.

Businesses usually apply for abatements between one and 10 years, but Indiana law permits abatements for personal property — the equipment installed in a building to fulfill economic activity — to run up to 20 years, an agreement sometimes called a “super abatement.”

Under a code name, the council approved a letter of commitment affirming the body’s support for the project at a meeting in November. West Pharmaceutical was announced as the company in question earlier this month. Company leaders hope to create over 300 high-paying jobs in their Greenfield location by 2030.

Brian Meines, West Pharmaceutical site director, told the council the tax abatements are “hugely beneficial” when operations are starting out for a brand-new facility, while also saying West in Greenfield would be a long-term relationship.

“We’re looking forward to filling out the existing facility, building on, and being a good citizen in the city of Greenfield. Our intention is to be ingrained in the community, not just being a business operating here,” he said.

Tammy Bialek, director at Cirrus Advisors, the consultant West used in selecting Greenfield, said Greenfield was the most welcoming community out of the ones West talked to, and was part of the decision why the company selected Greenfield.

There was only one resident who spoke against the abatement during the public meeting, frequent meeting attender Larry Silver. He said everyone, from citizens to businesses, needs to pay their fair share as taxpayers.

“If a company wants to come to Greenfield, they need to come to Greenfield because they want to be here, not because they’re lured over with a tax abatement,” he said.

West will occupy the warehouse located at 989 Opportunity Parkway, which was formerly occupied by BWI Group. The company is in the process of putting equipment in the building, with the facility set to open by the end of the first quarter of this year.
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