Subsidy Tracker Individual Entry
Company:
Spartan Stores
Parent Company:
SpartanNash
Subsidy Source:
state
Location:
Michigan
City:
Byron Center
Address:
850 76th St SW Byron Center
Zip:
49315
Project Description:
Michigan Business Development Program and State Educational Tax Abatement: SpartanNash of Grand Rapids, a Fortune 500 Company, is the nation's fifth largest grocery distributor. On November 19, 2013, Spartan Stores, Inc. merged with Nash Finch Company. Spartan Stores, Inc. now conducts business under SpartanNash Company. The merger is resulting in a headquarters to be located at the current facility in Byron Center. The company has been awarded a $2.75 million Michigan Business Development Program performance-based grant that will support the retention of 620 existing jobs and the creation of 72 new jobs, as well as provide flexibility for up to 300 additional new jobs to support the company???s future growth needs and capital investment of up to $18.3 million. Michigan was chosen over competing sites in Minnesota and other states. Byron Township will consider a property tax abatement in support of the project.
Year:
2014
Major Industry of Parent:
retailing
Specific Industry of Parent:
retail-supermarkets
Subsidy Value:
$157,000
Program Name:
Commercial Personal Property Tax Relief
Awarding Agency:
Michigan Economic Development Corporation
Type of Subsidy:
tax credit/rebate
Number of Jobs or Training Slots:
992
Source of Data:
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.
