©2016 Michigan Economic Development Corporation

Gladstone Beats Iowa for Lakeside Machine Expansion 276 New Jobs for State

Thursday, July 13, 2000

John Truscott
(517) 335-6397





Lakeside Machine, Inc.MEGA AnalysisSummary Estimated(All estimates in 2000 dollars)

TOTAL JOBS CREATED
276
Direct
90
Indirect
186

NET POSITIVE STATE REVENUE IMPACT

$ 6,353,000

Revenue Forgone
$ 1,571,000
Revenue Gain
$ 7,924,000
Average Wage
$ 610/week
Personal Income Generated OverLife of MEGA Agreement
$ 99,049,000