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E-M:/ MDN: State says 'yes' to Dow tax incentives



Title: Message

 

 

 

 


12/15/2004

State says 'yes' to Dow tax incentives

Kathie Marchlewski , Midland Daily News

 

    The State of Michigan has said "yes." Yes to a $132 million investment, yes to more than 100 new jobs and yes to revitalization at The Dow Chemical Co.'s Michigan Operations.

 

    The Michigan Economic Growth Authority on Tuesday approved a big chunk of the package of tax incentives that will make a project titled "Daytona" possible. The move finalizes about $9.99 million in single business tax credit. A 12-year local Industrial Facilities Tax exemption also is in the works. Dow will request that break from Midland City Council in upcoming weeks.

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©Midland Daily News 2004