Thursday, September 20, 2012

Companies get $2.2 million in Mich. incentives

LANSING, Mich. (AP) ? The Michigan Economic Development Corp. has announced nearly $2.2 million in incentives for five companies that plan to add 387 jobs in Michigan.

Pinnacle Food Group's $800,000 incentive is the largest incentive of those announced this week and will be used to expand its operations in Imlay City. The Parsippany, N.J.-based company is consolidating its Millsboro, Del. pickle operations to Imlay City, where it will invest $14.3 million and add 29 jobs.

Other companies receiving state incentives include: Troy-based Alternative Automotive Technologies LLC, which will receive $500,000 and add 176 jobs; Homer-based RSB Transmissions NA, which will receive $350,000 and create 100 jobs; MERSEN USA Midland, which will receive $320,000 and create 32 jobs; and Mayser Polymer USA will receive $200,000 and 50 jobs.

Source: http://news.yahoo.com/companies-2-2-million-mich-incentives-153952546--finance.html

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