X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

PLYMOUTH, MI-Now that a German auto supplier has located a technical center in Plymouth, MI, economic developers are encouraging the company to build a manufacturing center there as well.

The Michigan Economic Growth Authority has an 85% employment tax credit for 12 years for any new employees Karmann GmbH might locate or hire in Plymouth. Karmann opened a technical center in Plymouth earlier this year.

Now, Karmann is considering Michigan or Tennessee for a manufacturing plant. A 108,000-sf building next to Karmann’s Plymouth location is available for lease. Karmann’s total local investment could be about $13 million, if it decides to locate in Plymouth.

The technical center employs 66 people. According to MEGA, the manaufacturing plant could employ about 250 within five years. Karmann would use the plant to manufactures convertible roof systems.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.