Indiana pontoon boat manufacturer Bennington Marine plans to significantly increase new hiring in the next two years to meet growing product demand.
Diana Engle, Bennington's vice president of administration, told Elkhart, Ind., officials they were going to spend about $1 million on new equipment and planned to hire 80 new employees, according to a story from local CBS affiliate TV station WSBT.
The company was asking the Elkhart city council for a three-year, phase-in tax abatement. The company currently employs about 120 people.
Engle told the city council that hiring has already begun because demand has increased.
"This time last year we were doing eight boats a day, three days a week," Engle told officials. "Currently, we are doing 20 boats a day, six days a week. We have dealers crying because they can't get production slots."
The city council approved the tax abatement for Bennington, but must approve it twice, and plans another vote in two weeks.