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MegadealsSubsidy Tracker Individual Entry
Company: Costco
Parent Company:
Costco
Subsidy Source: state
Location: Michigan
City: Belleville
Address: 5800 Belleville Rd. Belleville
Zip: 48111
Project Description: Michigan Business Development Program - Costco Wholesale Corporation, headquartered in Seattle, operates an international chain of membership warehouses. The company plans to construct a new distribution warehouse facility in Van Buren Township, investing up to $47.9 million and creating 126 new jobs. As a result of this expansion, the company has been awarded a $450,000 Michigan Business Development Program performance-based grant. Michigan was chosen over competing sites in the Midwest. Van Buren Township has offered support to the project in the form of an eight-year property tax abatement valued at $3.7 million. Individuals interested in career opportunities with Costco should visit
(click here)
Year: 2015
Major Industry of Parent: retailing
Specific Industry of Parent: retail
Subsidy Value: $3,731,000
Program Name: Industrial Property Tax Abatement
Awarding Agency: Michigan Economic Development Corporation
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 126
Source of Data:
(click here)
Notes: Year is fiscal year. Jobs is sum of new and retained positions.
Source Notes: If an online information source is not working, check the Tracker
inventory page for an updated link.