ResMed Corp Gains Approval for $22.8M Investment.
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Description
ResMed Corp is set to invest $22.8 million in logistical distribution and IT equipment, seeking a 3-year tax abatement. The investment aims to enhance distribution of medical equipment and boost employment, with tax deductions decreasing over the three years, starting at 100% in year one.
Contract Details
Contract Amount
$22,800,000
Vendor
RESMED
Agency
City of Greenwood, IN
Contract Type
Tax Abatement
Document Date
August 12, 2025
Contract Term
3 years
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