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SMALL BUSINESS
Auto suppliers, insurers getting Mich. tax credits
AP
LANSING, Mich. -An insurance company near Lansing is among those approved for tax breaks by a Michigan economic development board.
Auto-Owners Insurance Group would get credits valued at $23 million over 10 years if it follows through on plans for an expanded headquarters in Eaton County's Delta Township. Construction could begin after 2012.
Other credits approved Tuesday would go to Strategic Staffing Solutions in Detroit for an information technology project and to Ohio Module Manufacturing for a project that would supply a Chrysler Group plant in Detroit.
Other incentives were approved for companies that already have been awarded special credits for vehicle or energy projects. They include Johnson Controls-Saft Advanced Power Solutions in Holland, and Clairvoyant Energy Solar Panel and Xtreme Power in Wixom.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2009-10-27 17:15:39
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