Mlive.com reports that two Grand Rapids companies expect to create 185 jobs and retain 50 existing jobs thanks to millions in brownfield development tax credits awarded by the State of Michigan.
According to excerpts from the story:
Governor Jennifer M. Granholm today announced that the Michigan Economic Development Corporation (MEDC) is helping nine companies grow in Michigan and backing two brownfield redevelopment projects.
Gordon Food Service – State brownfield tax credits will support the consolidation of the company's Canadian operations and restructure its Wyoming, Michigan, campus to increase efficiency and provide space for future growth. New jobs: 173, Retained jobs: 50 jobs. (State brownfield tax credits valued at approximately $6 million)
City of Grand Rapids – State and local tax capture valued at $561,700 will support a brownfield project to redevelop property at 248 Williams that will allow the Founders Brewing Company to expand its existing facilities. New jobs: 15
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