While Lippert is seeking a reduction in taxes of $19,000 at the New Haven factory where it intends to invest $678,160, the wholly-owned subsidiary of Drew Industries, Inc. will request a property tax abatement for $750,000 in machinery and $50,000 in transportation equipment at a meeting Oct. 5 in Auburn City Hall.
Signature makes furniture for fresh-water marine craft, particularly pontoon boats, and Scott Mereness, president of Drew, said, “Beyond the marine market, we expect to utilize the Signature team to develop furniture solutions for the RV motor home market as well.”
The tax incentive application for the Auburn facility reveals the Auburn plant has 30 employees with an annual payroll of $813,000.
Drew Industries, with 42 locations nationwide, is a component supplier to the manufactured housing and recreational vehicle industries. ##
(Image credit: Drew Industries, Inc.)
