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MegadealsSubsidy Tracker Individual Entry
Company: Martinrea Jonesville LLC
Parent Company:
Subsidy Source: state
Location: Michigan
City: North Adams
Address: 4800 Knowles Road North Adams
Zip: 49262
Project Description: Job Creation MBT Credit Amendment: Martinrea Jonesville, LLC is a manufacturer of state-of-the-art metal forming and fluid management systems for the automotive industry. The company is planning to expand into a new location in North Adams, Hillsdale County, investing $11.8 million and creating 122 new jobs to support new business related to the automotive industry. As a result of the expansion, MSF approved an increase in the maximum allowance for qualified new jobs on the company???s MEGA tax credit from 168 to 290.
Year: 2013
Subsidy Value: $1,555,670
Program Name: MEGA (Michigan Economic Growth Authority) Tax Credits
Awarding Agency: Michigan Economic Development Corporation
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 122
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.