Medical consultant firm
MedAssurantplans to hire 404 and expand into new Frandor facility after receiving $2.2 million
MEGA state tax credit.According to excerpts from the article:
A Maryland medical consultant firm plans to hire up to 404 people in Lansing over the next five years as part of an area expansion.
MedAssurant on Tuesday received approval for a five-year, $2.2 million state tax credit to expand into a vacant storefront at 3301 E. Michigan Ave. in the Frandor Plus Shopping Center in Lansing.
The company, which has an office in Delhi Township, uses data analysis to help health care insurers and providers improve management and financial performance.
The Michigan Economic Growth Authority tax credit is contingent on the city of Lansing granting a 12-year personal property tax abatement. The company would save $183,000, based on an initial investment of more than $1 million.
In all, the company plans to invest about $4 million. It would move about 50 employees from its offices in Delhi Township and Pontiac. MedAssurant also would hire new employees with an average weekly wage of about $850, MEGA said in a statement.
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