Visteon to build plant in Highland Park, will employ 175
A package of state and local tax incentives has lured Visteon to build a new manufacturing facility in Highland Park.
A package of state and local tax incentives has lured Visteon to build a new manufacturing facility in Highland Park.
Excerpt:
Visteon will invest $35 million to build the facility, which the state also expects to create more than 175 indirect jobs in Michigan and generate $151 million in personal income for Michigan workers over seven years. In exchange, the company will receive a state tax credit worth $1.73 million and local tax abatements worth $4.5 million over seven years.
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