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MegadealsSubsidy Tracker Individual Entry
Company: Perrigo Company
Parent Company:
Perrigo
Subsidy Source: state
Location: Michigan
City: Allegan
Address: 515 Eastern Ave Allegan
Zip: 49010
Project Description: Job Creation MBT Credit Amendment: Perrigo is a leading global supplier, developer and manufacturer of over-the-counter and generic prescription medications, infant formulas, nutritional products and dietary supplements. The company is planning to add infrastructure and equipment to its site in the City of Allegan and a new facility and new equipment in Holland Charter Township, investing an additional $242 million and creating 650 jobs to support a tablet expansion for its over-the-counter business. As a result of the expansion, the Michigan Strategic Fund approved an increase in the maximum allowance for qualified new jobs on the company???s MEGA tax credit from 400 to 1,050. Holland Charter Township and the city of Allegan have offered property tax abatements in support of this project.
Year: 2013
Major Industry of Parent: pharmaceuticals
Specific Industry of Parent: pharmaceuticals
Subsidy Value: $2,300,000
Program Name: New Personal Property Exemption
Awarding Agency: Michigan Economic Development Corporation
Type of Subsidy: tax credit/rebate
Number of Jobs or Training Slots: 650
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.