Subsidy Tracker Individual Entry
Company:
Triton Industries, Inc.
Parent Company:
Transocean
Subsidy Source:
state
Location:
Michigan
City:
Lansing
Address:
16020 Lowell Rd Lansing
Zip:
48906
Project Description:
Community Development Block Grant - Watertown Charter Township (Clinton County) was awarded $1.4 million in Community Development Block Grant funds for infrastructure improvements for the Triton Industries, Inc. expansion project. The company, a Lansing-based manufacturer of Manitou pontoon boats, has outgrown its current facility and has identified a building in Watertown Charter Township. The CDBG infrastructure grant will offset the cost of upgrading the sewer capacity to support future job growth. The company plans to invest more than $2.6 million and create 37 jobs. The site in Watertown Township was chosen over a competing site in Indiana. Watertown Charter Township is contributing $169,600 toward the total infrastructure costs.
Year:
2015
Major Industry of Parent:
oilfield services and supplies
Specific Industry of Parent:
oilfield services
Subsidy Value:
$2,643,650
Program Name:
Transportation Economic Development Fund
Awarding Agency:
Michigan Economic Development Corporation
Type of Subsidy:
infrastructure assistance
Number of Jobs or Training Slots:
110
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.
