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Suburb Bringing Back Industrial District

ROYAL OAK, MI-This suburb is reinstating an industrial tax reduction district to help convince automotive supplier Metaldyne, Royal Oak's largest taxpayer, to expand its 300,000-sf plant at 2727 W. 14 Mile Rd.

By Dan Heaton | Updated on January 30, 2005

ROYAL OAK, MI-Royal Oak has created a special district that allows tax breaks for industries. The move is aimed, at least in part, to help Metaldyne compete against other automotive suppliers.

The industrial development district will encompass Metaldyne’s 300,000-sf plant at 2727 W. 14 Mile Rd., where $15 million of new equipment will be installed if the city takes the next step and approves a tax abatement on the personal property investment. “In the last three to four years, we’ve been under significant competitive pressure and we’re very anxious to turn that trend around,” Steve Dickerson, Metaldyne’s vice president and general manager of torque transfer products, told the Royal Oak citycommission. Metaldyne has been considering upgrading another one of its plants in more business-friendly city or state.

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