Michigan Funds More Than 7,180 New Jobs
03/17/2010
ADCO Products Inc., a producer of sealants and adhesives for construction and transportation, received a $1.2 million state tax credit over five years to encourage expansion in Michigan instead of Indiana.
Masco Cabinetry Company, which manufactures kitchen and bath cabinets, received a $7.3 million tax credit over 10 years to create new jobs, and a $5.7 million tax credit over 10 years to retain jobs.
Oshkosh Corporation, a manufacturer of emergency and military vehicles and equipment, received a $6.4 million state tax credit over 12 years to encourage expansion in Michigan instead of Wisconsin.
Toda America will receive a $7.9 million brownfield tax credit, and a $35 million grant from the U. S. Department of Energy.
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