# Project Holly — prospective tax abatement (commercial/industrial machinery project)

Code name for a commercial and industrial machinery company's prospective
Terre Haute investment — $30 to $50 million in equipment and 25 to 35 jobs at
an average wage of $31.64/hour, per preliminary, company-unconfirmed figures.
Terre Haute is one of eight communities under consideration. No abatement
request has been filed yet; the EDC and mayor's office expect one to come
before council in the coming months.

*Also known as: Project Holly · Project Holly Terre Haute · Project Holly tax abatement · $30-50 million equipment project · prospective EDC abatement project*