Metropolitan Development Commission Staff Report Personal Property Tax Abatement Zima International, Inc. 2026-06-08
7-Year Tax Abatement Recommended for Zima International
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Description
The Metropolitan Development Commission staff recommends a 7-year personal property tax abatement for Zima International, Inc., supporting a $42.8 million equipment investment at their new automated dental products facility in Indianapolis. The project aims to create 350 new jobs and advance digital dentistry technologies.
Contract Details
Contract Amount
$42,800,000.00 (estimated equipment investment)
Vendor
ZIMA INTERNATIONAL INC
Agency
City of Indianapolis city (balance), IN
Contract Type
EQUIPMENT
Document Date
June 8, 2026
Contract Term
7 years (anticipated completion by December 31, 2031)
Renewal Date
2031-12-31
Renewal Info
Standard abatement for a period of 7 years, as per commission guidelines. No automatic renewals specified.
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Issuing Agency
City of Indianapolis city (balance)
City
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