Three Rivers Mayor Tom Lowry and commissioners tonight have scheduled a public hearing on a tax-exemption request being made by American Axle Manufacturing.
The company is seeking exemption status on nearly $83 million of a $102 million investment in machinery and building improvements being proposed at its Three Rivers plant.
A 12-year exemption is being sought by American Axle, the largest employer in St. Joseph County. Company officials said the proposed plan will retain 125 jobs and add 274 people to its workforce.
The proposed work in Three Rivers is a small part of American Axle’s $1.1 billion overall corporate expansion to create components for a passenger/crossover vehicle being developed and introduced by a yet-unnamed manufacturer.
Further details of the potential plan are expected to be announced by company officials.
The city commission meets at 6:00 pm tonight.