Subsidy Tracker Individual Entry

Company: 
Toyota Motor Engineering & Manufacturing, N.A. Inc
Parent Company: 
Toyota
Subsidy Source: 
state
Location: 
Michigan
City: 
Ann Arbor
Address: 
1555 Woodridge Avenue Ann Arbor CharterTownship
Zip: 
48105
Project Description: 

Michigan Business Development Program Grant: Toyota Motor Engineering & Manufacturing North America, Inc., is engaged in engineering design, vehicle evaluation, materials research, prototype building, powertrain tuning, safety/crashworthiness, regulatory affairs and advanced research for Toyota and Lexus vehicles manufactured or sold in North America. The company has R&D facilities in Ann Arbor, York Township, Plymouth and Livonia. The expansion required the company to construct a new facility at its York Township location, investing up to $32.5 million and creating 250 jobs. As a result, Toyota was awarded a $4 million Michigan Business Development Program performance-based grant. The company is also proposing to expand its Ann Arbor Charter Township facility, investing more than $75.1 million and creating 85 jobs.

Year: 
2015
Major Industry of Parent: 
motor vehicles
Specific Industry of Parent: 
motor vehicles
Subsidy Value: 
$5,583,000
Program Name: 
Industrial Property Tax Abatement
Awarding Agency: 
Michigan Economic Development Corporation
Type of Subsidy: 
property tax abatement
Number of Jobs or Training Slots: 
85
Notes: 

Year is fiscal year. Jobs is sum of new and retained positions.

Source Notes: 
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