Company seeks tax break in move to Franklin

A company planning to move to Franklin has asked for a tax break on its new building.

Superior Systems & Supply, which specializes in lighting, monitoring and fire suppression systems, is planning to construct a new building in Franklin and move from its current location in Beech Grove.

The company would bring five existing jobs and create two new jobs, with an average wage of $15 per hour, not including benefits, according to the company’s filing with the city. That amount is lower than the county average, according to the filing.

The company asked for a 10-year tax break on its investment of $479,000 in a new building. The 5,400-square-foot facility is planned at 1556 Amy Lane, near Hurricane and Arvin roads, the filing said.

Members of the Franklin Economic Development Commission recommended a five-year tax break, which would need approval from the city council, according to the planning department.

Mayor Steve Barnett had recommended a three-year tax incentive.

Author photo
Annie Goeller is managing editor of the Daily Journal. She can be reached at agoeller@dailyjournal.net or 317-736-2718.