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MegadealsSubsidy Tracker Individual Entry
Company: INGlass USA
Parent Company:
Subsidy Source: state
Location: Michigan
City: Grand Rapids
Address: 920 74th Byron Center
Zip: 49503
Project Description: Michigan Business Development Program: Inglass USA, Inc. will reach its saturation point during 2015 and is considering expanding the production capacity with new factory in the U.S. market. This new facility will allow the Company to continue to better serve current customers and at the same time appeal to new customers. The market analysis has identify the state of Michigan as the best location for the production site, as most of the existing and potential customers manufacturers of molds lie in the area of the Great Lakes Region. The project will result in $17.7 million in capital investment over three years with the creation of 73 Qualified New Jobs. Byron Township will support in the form of a property tax abatement.
Year: 2014
Subsidy Value: $2,232,000
Program Name: Industrial Property Tax Abatement
Awarding Agency: Michigan Economic Development Corporation
Type of Subsidy: property tax abatement
Number of Jobs or Training Slots: 109
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.