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Profitable Truck Parts Maker Gets Local Tax Break

The City of Columbus is giving truck parts maker Core Molding Technologies a five year, 25 percent tax break on the income generated by the creation of 85 new jobs. The Columbus-based firm has promised the jobs as part of a 5 million dollar expansion of its facility on Manor Park Drive on the West side. The firm recently reported a first-quarter profit of nearly 1.7 million dollars.Columbus Development Director Steve Shoney says it's not the first tax break for the company.

Jim has been with WCBE since 1996. Before that he worked as a reporter at another Columbus radio station, and for three newspapers in Southwest Florida.