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Commission Approves IFEC For Mayer Tool
Friday Jun 13, 2014 7:55pm
Sturgis, MI

By: Mike Stiles

(STURGIS) – A Sturgis business has received a tax exemption for some new equipment they have purchased.

Cathy Knapp of Southwest Michigan First presented the Industrial Facilities Exemption Certificate request to the Sturgis City Commission during their meeting this week. Knapp says the twelve year abatement is for Mayer Tool & Engineering. ...... {LISTEN}.

Knapp says the investment makes it possible for Mayer Tool to do some necessary upgrades to keep up with their customer's demands. It will also allow Mayer Tool to create two new jobs, bringing their workforce up to 39.

Sturgis Mayor Ken Malone says he's glad to see this kind of technology coming to Sturgis businesses, allowing them to expand and hire more employees. ...... {LISTEN}.

Over the last few years, Mayer Tool has been awarded several IFEC's for equipment upgrades to help keep them viable in their business.

The Commissioners unanimously approved the request.

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