More than 250 jobs on the way to Ann Arbor courtesy MyBuys

California-based MyBuys plans to bring up jobs, 250 to be exact now that the Michigan Economic Development Corporation has approved a tax-break to make it happen.

 

MyBuys, which makes personalized product recommendations for online-retailers, plans to invest $5.4 million to set up an Ann Arbor office. The project is expected to create 250 jobs directly from the company and another 350 spin-off jobs.

 

The Michigan Economic Growth Authority approved a 10-year, $3.9 million state tax credit for the project. The incentive helped make the decision to set up shop here instead of a competing site in Austin, Texas

 

Source: Michigan Economic Development Corporation

Writer: Jon Zemke

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