Cummins’ joint-venture with Faurecia is moving ahead.
Members of the diesel engine manufacturer’s management team appeared before Tuesday night’s meeting of the Columbus City Council to request a tax abatement on manufacturing equipment being installed at Faurecia’s plant near County Roads 950 West and 450 South.
According to documents given to the city by Cummins, the joint-venture, which was announced in May, will allow Faurecia to retain 1,635 employees and hire an additional 131 by the end of 2017. Cummins also noted that their numbers will not be affected by the joint-venture.
City Council members ultimately approved the abatement request on personal property.
The abatement will last for 10 years, diminishing by ten-percent each year.