City of Hobart Agenda Packet 2026-06-17
Daifuku Personal Property Tax Abatement Remains Active
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Description
Hobart maintains a personal property tax abatement agreement with Daifuku Intralogistics America Corporation under Resolution 2024-10, supporting equipment investment up to $11.23 million. The company has reported $3.53 million invested to date and higher than projected employment and payroll.
Contract Details
Contract Amount
$3,527,929 personal property investment (within $11,230,000 threshold)
Vendor
DAIFUKU INTRALOGISTICS AMERICA CORPORATION
Agency
Town of Hobart, IN
Contract Type
FINANCIAL_SERVICES
Document Date
June 17, 2026
Contract Term
Estimated project 05/01/2025 - 12/31/2026; actual dates reported 10/02/2025 - 10/02/2025 for this phase
Renewal Date
2026-12-31
Renewal Info
CF-1/PP compliance filings will continue annually for the term of the 2024-10 abatement; investment window runs through 12/31/2026.
More from DAIFUKU INTRALOGISTICS AMERICA CORPORATION
Related Contracts
Hobart Common Council Resolution 2024-14 August 2024
APPROVEDHobart Board of Public Works and Safety Resolution 2024-07
PENDINGMore from Town of Hobart
Hobart Sanitary District / Stormwater Management Board Agenda 2026-06-23
Hobart Sanitary District / Stormwater Management Board Agenda 2026-06-23
City of Hobart AgendaPacket Regular Meeting 2026-06-17
City of Hobart AgendaPacket Regular Meeting 2026-06-17
City of Hobart Agenda Packet 2026-06-17
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