Klein Tools pays tax bill

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News

March 3, 2010 - 12:00 AM

Allen County commissioners  learned Tuesday morning a windfall came the county’s way the day before.
On Monday Klein Tools, Inc., Chicago, wired $225,720.31 to County Treasurer Sharon Utley to pay real estate and personal property taxes and interest incurred since 2006 by Stewart Manufacturing at a plant owned by Klein. David Stewart made unique hammers in the plant, two miles north of Moran, before his company went belly up.
Utley said the total would be reduced some if Klein Tools was successful in recovering a penalty that was part of the personal property tax. Even…

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