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MegadealsSubsidy Tracker Individual Entry
Company: Eberspaecher North America, Inc.
Parent Company:
Subsidy Source: state
Location: Michigan
City: Brighton
Address: 2035 Charles H Orndorf Brighton
Zip: 48116
Project Description: Michigan Business Development Program Grant: Eberspaecher North America, Inc., an automotive supplier specializing in automotive exhaust systems, has been operating in Michigan since 2000 and is part of the Eberspaecher Group based in Esslingen am Neckar, Germany. Eberspaecher plans initially to expand its manufacturing capacity in the City of Brighton from 110,000 square feet to over 300,000 square feet. When combined with other investments in Michigan, the project will generate a total capital investment of $122 million and create 545 new jobs, resulting in a $4.5 million Michigan Business Development Program performance-based grant. The City of Brighton is considering support of the project in the form of a property tax abatement. The Michigan Department of Transportation is also considering support of the project in the form of a Transportation Economic Development Fund grant.
Year: 2014
Subsidy Value: $5,520,000
Program Name: Industrial Personal Property Tax Relief
Awarding Agency: Michigan Economic Development Corporation
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 545
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.