William Ross, city manager, says the company, which doesresearch on automotive fuel systems, received a $308,000 tax breakfor six years. "They have also applied to the state for a grantfrom Michigan Economic Growth Authority," Ross says. "After theyget state approval, they can come to us with site plans."
Ross says the company picked his city because it's one of thehottest markets in the state for automotive technology companies."We're fast becoming the corporate tech center for this part ofMichigan, with high-profile companies like Daimler-Chrysler,Volkswagon and Continental Tire. Inergy will just be another goodaddition."
The project cost is expected to be $17.17 million
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