Governor Jennifer M. Granholm announced today that assistance from the Michigan Economic Development Corporation (MEDC) helped convince Pilkington North America to consolidate and expand its value-added glass manufacturing operations in Clinton. The company plans to invest $3.2 million to facilitate the expansion, which is expected to create a total of 252 new jobs.
“Pilkington’s decision to consolidate its operations in Clinton is a step in the right direction toward the goal of creating more manufacturing jobs in the state,” Granholm said. “We appreciate the company’s ongoing commitment and the new jobs this project will create for Michigan families. Our state’s commitment to manufacturing excellence and expansion makes Michigan a magnet for new job growth.”
Pilkington had considered expanding in Indiana, where it currently operates a manufacturing facility. A Single Business Tax credit offered today worth $474,000 over a five-year period helped convince the company to stay and grow in Michigan.
“Pilkington has thrived as a member in the Clinton community for over 19 years due in large part to an outstanding workforce,” said Larry Pollack, Pilkington North America Clinton plant manager. “This latest decision supported by the concerted efforts of the village of Clinton, the Lenawee Chamber of Commerce and the MEDC is the true testimony of economic partnership and will help to secure many more years here in the future.”
The village of Clinton also approved a tax abatement valued at about $90,000 to help attract the project.
“Pilkington is a major employer in the county and has a long history in Clinton,” said David Munson, Lenawee County Chamber of Commerce president and CEO. “We appreciate Pilkington’s continued commitment to our community. We were pleased to work with the MEDC to bring new jobs to the community.”
According to an economic analysis conducted by the University of Michigan, it is estimated that 120 jobs will be created directly by the expansion and another 132 indirectly as a result of increased economic activity. The project will result in a net state revenue gain of more than $6.9 million over the life of the Single Business Tax credits.
Pilkington North America is a subsidiary of United Kingdom-based Pilkington plc. Pilkington is a world leader in the development and manufacture of glass products for the building, automotive and technical glass markets with operations in 24 countries in Europe, the Americas and Asia-Pacific.
The Michigan Economic Development Corporation, a partnership between the state and local communities, promotes smart economic growth by developing strategies and providing services to create and retain good jobs and a high quality of life.
Pilkington North America
(All estimates in 2003 dollars)
|TOTAL JOBS CREATED||252|
|NET POSITIVE STATE REVENUE IMPACT||$6,940,000|
|Personal Income Generated Over|
Life of the Tax Credit Agreement