{"id":36844,"date":"2026-05-17T18:20:00","date_gmt":"2026-05-17T22:20:00","guid":{"rendered":"https:\/\/wzbd.com\/?p=36844"},"modified":"2026-05-17T18:20:51","modified_gmt":"2026-05-17T22:20:51","slug":"a-big-success-story-hoosier-pattern-gains-renewals","status":"publish","type":"post","link":"https:\/\/wzbd.com\/index.php\/2026\/05\/17\/a-big-success-story-hoosier-pattern-gains-renewals\/","title":{"rendered":"A big success story, Hoosier Pattern, gains renewals"},"content":{"rendered":"\n

By BOB SHRALUKA<\/strong><\/p>\n\n\n\n

WZBD.com<\/em><\/p>\n\n\n\n

One of Decatur’s greatest business success stories had its tax abatements renewed by city council at its latest meeting.<\/p>\n\n\n\n

Keith Gerber, owner-operator of Hoosier Pattern Inc., was on hand for the meeting as council looked over his CF-1 form.<\/p>\n\n\n\n

A CF-1 form, or Compliance with Statement of Benefits, is an Indiana tax form used by companies to annually report their progress in meeting investment and job creation goals to maintain tax abatements.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

It compares actual project results against the estimates provided in the original SB-1 form and must be filed between January 1 and May 15.<\/p>\n\n\n\n

There was no problem in council giving Hoosier Pattern’s abatements renewed approval \u2013 with a pat or two on the back.<\/p>\n\n\n\n

Since the 10th St. company requested the abatements \u2013 for real property investment and personal property investment\u2013 its number of employees has grown from 45 to 78!<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

Also from the first granting of abatements, Hoosier Pattern’s annual payroll has increased from $2 million to $3.7 million.<\/p>\n\n\n\n

\u201cWe are blessed to be in Decatur and things (business) are real strong for us,\u201d Gerber told council.<\/p>\n\n\n\n

Hoosier Pattern has become widely known for its 3D sand printing and foundry tooling.<\/p>\n\n\n\n

Sand printing, Gerber told council last year, \u201cis 60% to 70% of my business.\u201d<\/p>\n\n\n\n

The company started in 1997 with three owner-employees.<\/p>\n\n\n\n

Tax abatements are awarded on a sliding scale.<\/p>\n\n\n\n

With a 10-year abatement, no taxes are paid the first year, then the sliding scale kicks in: a 90% tax savings the second year, then 80% and so on through 10 years.<\/p>\n\n\n\n

For a five-year abatement, the increments are 20% each year.<\/p>\n","protected":false},"excerpt":{"rendered":"

By BOB SHRALUKA WZBD.com One of Decatur’s greatest business success stories had its tax abatements renewed by city<\/p>\n","protected":false},"author":2,"featured_media":36845,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[14,21],"class_list":["post-36844","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-decatur","tag-news"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/wzbd.com\/wp-content\/uploads\/2026\/05\/Keith-Gerber-at-council.jpg?fit=1038%2C770&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/posts\/36844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/comments?post=36844"}],"version-history":[{"count":2,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/posts\/36844\/revisions"}],"predecessor-version":[{"id":36848,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/posts\/36844\/revisions\/36848"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/media\/36845"}],"wp:attachment":[{"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/media?parent=36844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/categories?post=36844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wzbd.com\/index.php\/wp-json\/wp\/v2\/tags?post=36844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}