 From deals they made in 2007 and 2008, companies have projected investments
over time of $2.87 billion in Detroit and the retention or growth of 6,700 jobs.
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General Motors. DEGC facilitated tax abatements for a planned $340 million expansion of GM?s Detroit/Hamtramck Assembly plant, supporting the retention of 700 jobs. -
Caraco Pharmaceutical. DEGC facilitated tax abatements for a $14.5 million expansion of its Detroit factory and offices. -
Marathon Petroleum Company LLC. DEGC facilitated brownfield incentives, property tax abatements, regulatory permits, and new workforce assistance for a $1.9 billion modernization of its refinery in Southwest Detroit. The investment supports 320 current employees and up to 60 new jobs. -
Chrysler LLC. DEGC facilitated tax abatements for a $373 million expansion of its plant on the east side, supporting the retention of 400 jobs. -
Arvin Meritor. DEGC facilitated tax abatements for a $15.9 million expansion of its plant in Southwest Detroit, projected to retain 200 jobs and up to 119 new positions. -
Russell Street Investments. DEGC facilitated tax abatements for the $1.8 million renovation of a vintage building as a boutique hotel and restaurant. -
D&H Medical Plaza LLC. DEGC facilitated brownfield tax incentives for a $18.4 million expansion of health-care facilities on the north side. -
Hope Global. DEGC helped find a southwest Detroit location for the automotive supplier when it outgrew its old facility, bringing 50 new jobs to the city.
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