Neogen Corp. announced plans to transform a former warehouse at 728 E. Shiawassee St. into a manufacturing site. The renovation near the company's headquarters is part of a $1 million expansion and will add 25 jobs to the 400 already employed by the Lansing-based food and animal safety company.
According to excerpts from the article:
"Neogen has applied for a tax incentive that would save the company an estimated $230,000 in taxes on real property for 12 years. The city estimates it will take in $141,000 in new property and income taxes from the project over that period."
Read the full article
here.
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