The Wayne County, Ind. Council last week approved the issuance of $50 million of tax-exempt private-activity bonds on behalf of a food-processing company that wants to renovate an existing but vacant manufacturing plant.

The borrowing would help the Sugar Creek Packing Co.'s plans to move into a plant in Cambridge City.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.