American Broach Investing $25M in Ypsilanti, Michigan, But Seeks Incentives
"We lead the world in gearing systems," Nemec said. "It would be better to do it all in one facility.The demand is tremendous and growing."
Nemec asked the Michigan Economic Growth Authority this morning for a state tax credit of more than $572,780 towards the expansion. The Ypsilanti City Council will additionally consider real and personal property tax abatements at a meeting tonight.
American Broach makes cutting machines to produce gears, the majority of which are destined for the auto industry. It also supplies the defense and agricultural sectors.
Carver Maritime Expands Processing & Distribution Complex in North Charleston, South Carolina
A Site Selector’s Checklist for Locating in the U.S.
Location USA 2019
Where to Invest in the Booming Aerospace Manufacturing Industry
2019 Auto/Aero Site Guide
What Should High-Growth Companies Look for in a Community?
Front Line: Trend Toward Microfactories Continues
A Changing Food Manufacturing Industry
2017 Food Processing
33rd Annual Corporate Survey & the 15th Annual Consultants Survey