Monday, November 02, 1998
Company to Receive Job Training Grant and Tax AbatementGovernor John Engler joined Lansing Mayor David Hollister in announcing that the Michigan Jobs Commission and the City of Lansing have teamed up to attract a major manufacturing expansion project. Barnes Aerospace plans to invest $15 million in their facility on Aurelius Road. The project is expected to create an estimated 50 new jobs. The Governor Michigan Jobs Commission has approved an Economic Development Job Training (EDJT) grant for $25,000 to train new and existing Barnes Aerospace employees. The City of Lansing through its Economic Development Corporation has offered assistance to Barnes Aerospace in obtaining the City's approval of property tax abatements worth approximately $1.5 million. "Barnes' decision to stay and expand in Lansing is great news for the city. This is exactly the type of company we want to keep in Lansing," said Governor Engler. "It exemplifies the high-tech business that will keep Lansing and Michigan on top well into the 21st century." "This project is another successful collaborative effort between the City of Lansing and the Michigan Jobs Commission. We feel Barnes Aerospace's decision to expand locally reaffirms Lansing's status as a 'World Class' manufacturing region," said Mayor Hollister. Barnes Aerospace, a division of Barnes Group, Inc., is a worldwide producer of machined and fabricated components and assemblies for aircraft engine and airframe builders. The business also provide engine component overhaul and repair services for major commercial airlines and military. The company headquartered in Windsor, Connecticut, employs over 700 people at five locations: Windsor, Connecticut; East Granby, Connecticut; Ogden, Utah; Lansing, Michigan; and Singapore. The Michigan Jobs Commission, which administers Economic Development Job Training grants, works in partnership with local communities and Michigan businesses to retain and expand job opportunities and improve Michigan's overall business climate.