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MegadealsSubsidy 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
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.