As Toyota moves ahead with plans to reshape its North American operations, the automaker may get as much as $8.6 million in incentives to offset a $32.5 million expansion of its technical center in Ann Arbor, Michigan.
Toyota is moving 250 purchasing jobs from Kentucky to Michigan necessitating the larger facility. In addition to the expansion in Michigan, the maker is moving its headquarters from southern California to a suburb of Dallas, Texas.
The State of Michigan is providing a $4 million grant while York Township, near Ann Arbor, is also considering a 12-year property tax abatement valued at $4.6 million. (more…)