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Tax Credits Help 3 Michigan Companies Expand

DETROIT-Automotive supply firms A.W. Tech Center, R.L. Polk and Co. and Plastech opt to stay in state rather than move to other locations after receiving packages totaling $17.5 million in Single Business Tax Credits.

By Robert Carr | Updated on March 07, 2002

DETROIT-Three companies are expanding their facilities in Michigan. The A.W. Tech Center, R.L. Polk and Co. and Plastech will expand operations, thanks to state-awarded tax credits.

Plastech plans to construct a new facility in Romulus to manufacture injection molded and blow molded automotive parts. Construction is expected to be completed and production begun in December 2002. The company plans to hire 400 new workers, including 250 workers at initial startup.

A state incentive package, including a Single Business Tax credit valued at $2.8 million over the next 10 years, convinced Plastech to locate the new facility in Michigan. The company was also considering a location in South Carolina, where it has another facility.

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