TERRE HAUTE, Ind. (WTWO/WAWV) – A new business could soon be expanding it’s roots here in the Valley.
Tonight Pyrolyx received a tax abatement from the council for the company’s expansion.
They also announced the city is in the running to house their America corporate headquarters.
Pyrolyx is a German-American industry that converts tires into raw materials.
When open, the company plans to hire more than 100 people at a starting wage of $26 an hour.
Officials with Pyrolyx also said tonight they are considering building a second facility next door.
Thomas Redd, manager of Pyrolyx, said “well we are looking to expand in Terre Haute, and we found that it’s a great place to do business as well as Terre Haute is really a manufacturing center for plastics.”
Martha Crossen, president of City Council, said “any time that a company is headquartered in the community lots of things flow from that, their commitment to the community, their commitment to their workers, their commitment to charitable causes in the community. But that’s down the road, They haven’t committed to that but clearly they think we are a good place to do business.”
Also during the meeting the council choose to withdraw an ordinance that would change 8th and 9th Street to two way streets.