Summit Plastic Molding breaks ground in Bruce Township
It was a sunny November day, the best you could hope for, when Summit Plastic Molding held an outdoor groundbreaking ceremony in front of the crowd in attendance and the local media. The buzz was for a brand-new facility that would employ 80 people in Bruce Township. It was a day of celebration. For the company. For Bruce Township. And for the employees that will be able to provide for their families. It was a celebration that is the culmination of an effective partnership between the business and the team at the Macomb County Department of Planning & Economic Development.
One of the most important business decisions a company will make is choosing where to locate. Our team of professionals here at the Macomb County Department of Planning & Economic Development have the resources to guide a company through all steps of the process including incentivizing a company’s growth.
These services helped Summit Plastic Molding secure a 12-year tax abatement on their new facility, a 22.41-acre parcel on 33 Mile Road, east of Van Dyke. The overall investment, including new equipment, is expected to be close to $10 million with two additional industrial buildings planned for the future. To secure the abatement, our team assisted with the following:
- Identified which local and state-level resources were appropriate for the development and fit the criteria of the project and industry.
- Established an Industrial Development District with the local community for the development site which is a requirement to apply for an abatement.
- Completed the necessary paperwork required to request an Industrial Facilities Tax Exemption (a tax abatement).
- Presented with the company to the township board at their local meeting to secure required local approval for the abatement request.
As a result of these services, Summit Plastic Molding’s new 64,200-square-foot building will serve as the company’s new headquarters and manufacturing facility. The building will be a state-of-the-art facility that provides efficiencies in energy, logistics and automation.
The services our economic development team provided Summit Plastic Molding to aid their growth can be utilized to help your business grow as well. Summit Plastic Molding joins a growing list of companies that we have successfully been able to help incentivize growth for in Macomb this year. Others include Amazon, Cabela’s and Grupo Antolin Michigan Inc. You can see who and where we’ve helped on our interactive GIS map!
If you’re a company thinking about growing or locating in Macomb, reach out to us. We can connect you to resources and programs that can support all aspects of your expansion. We look forward to celebrating your groundbreaking as well!
Nick Posavetz is an economic development specialist for the Macomb County Department of Planning & Economic Development and is focused on growing, retaining and attracting businesses to Macomb County. To learn about what resources are available for your business, reach out to him at email@example.com.