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
Notes: 

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

Source Notes: 
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