|From:||Lenny Siegel <firstname.lastname@example.org>|
|Date:||Wed, 28 May 2014 10:03:04 -0700 (PDT)|
|Subject:||[CPEO-BIF] Former General Motors Pontiac East Assembly Plant, Pontiac, Michigan|
Michigan-based supplier to invest up to $50M in Pontiac facility by Melissa Burden Detroit News (MI) May 27, 2014A Michigan-based automotive supplier plans to invest up to $50 million in a new automotive components assembly facility in Pontiac, creating 450 new jobs at the site of a former General Motors plant.
Challenge Manufacturing Co., based in Walker, plans to build a 400,000-square-foot facility in Pontiac at 2100 S. Opdyke. The site, formerly the General Motors Pontiac East Assembly Plant, closed in 2009.
Pontiac has faced economic and employment blows over the past several years, as GM and others have closed factories, affecting thousands of people.
The Michigan Strategic Fund on Tuesday approved a $2.5 million grant for the company, which says because of new contracts it needs new assembly operations, according to the Michigan Economic Development Corp. The Michigan Strategic Fund board also will consider a brownfield tax-increment financing reimbursement valued at $2.2 million for the project, plus funds to help hire employees.
... For the entire article, seehttp://www.detroitnews.com/article/20140527/AUTO01/305270075/1361/ Michigan-based-supplier-to-invest-up-to-$50M-in-Pontiac-facility
-- Lenny Siegel Executive Director, Center for Public Environmental Oversight a project of the Pacific Studies Center 278-A Hope St., Mountain View, CA 94041 Voice: 650/961-8918 or 650/969-1545 Fax: 650/961-8918 <email@example.com> http://www.cpeo.org _______________________________________________ Brownfields mailing list Brownfields@lists.cpeo.org http://lists.cpeo.org/listinfo.cgi/brownfields-cpeo.org
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