Articles tagged: tax abatement

Scio Township-based medical device manufacturer Terumo receives tax abatement on $4.9 million infrastructure investment

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Posted: Jul 27, 2012

Terumo Cardiovascular Systems has been awarded a 12-year tax abatement by Scio Township for $4.9 million in capital investments to its headquarters in the township. Barbara Schmid, a spokeswoman for Terumo CVS, said the investments ... Read more »

Ann Arbor battery maker Sakti3 requests $1.5M tax abatement

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Posted: May 07, 2012

City Council will hold a public hearing Monday on a $1.5 million tax abatement request for Ann Arbor-based startup battery firm Sakti3: $151,433 for real property improvements and $1,374,861 for new personal property. Read more »

Mercedes shifts gears on $10M Ann Arbor R&D site and chooses Redford instead

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Posted: Aug 19, 2009

Mercedes-Benz is moving its plans to establish an alternative fuel powertrain research center in southeast Michigan from Ann Arbor to Redford Township. Driving the decision are the economics behind using an existing corporate facility instead ... Read more »