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General Motors May Expand Lansing Delta Township Assembly Plant

Friday, July 25, 2014   (0 Comments)
Posted by: Michelle Rahl
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FOR IMMEDIATE RELEASE

July 25, 2014

CONTACT: Sara Graham, LEAP
(517) 702-3387 x 209 office

(517) 897-1678 mobile

  

General Motors May Expand Lansing Delta Township Assembly Plant 

LANSING, MI – Lansing Mayor Virg Bernero and Delta Township Supervisor Ken Fletcher today announced that General Motors is exploring a potential $37 million expansion of the Lansing Delta Township Assembly Plant (LDT), which is located in the Lansing-Delta Township 425 tax sharing area.  LDT is one of two state-of-the-art GM assembly plants in the Lansing region and produces the award-winning Buick Enclave, GMC Acadia, and Chevrolet Traverse.

Bernero and Fletcher noted that General Motors will seek a Public Act 198 economic incentive from the City of Lansing, which would make the potential new investment possible. The Lansing Economic Area Partnership (LEAP), the region’s leading economic development agency, has been working with GM to develop an economic incentive application that would reduce real property taxes on the potential new investment at LDT by 50% for 12 years.  Even with the economic incentive, the potential project would still generate $4 million in new taxes over 12 years, which would be shared by the city and township.

“Once again, the city, region and state have the opportunity to thank GM for another major investment in its Lansing area facilities,” said Mayor Bernero.  “GM is the American-made gift that keeps on giving, building the world’s best vehicles with the world’s best labor force and the world’s top technologies, right here in the Lansing region.”

“Delta Township congratulates and thanks GM for its continued confidence in Lansing’s global-quality workmanship and pro-business environment,” said Supervisor Fletcher.  “Delta Township looks forward to strengthening its long-standing cooperative relationship with the City of Lansing to facilitate GM’s interest in pursuing this potential expansion at LDT.”

“It’s amazing to think that the Lansing regional economy is one of the hottest in America right now, with huge high-tech plant announcements, Fortune 500 corporate headquarters expansions and the Facility for Rare Isotope Beams (F-RIB) now under construction at MSU,” said LEAP President and CEO Bob Trezise.  “The continued success and growth of General Motors in the Lansing region is yet another feather in our cap, and LEAP is proud to play a key role in facilitating the latest potential expansion of their LDT assembly plant.”

Mayor Bernero noted that GM’s PA 198 economic incentive application will be referred to the Lansing City Council to begin the approval process at their regular meeting scheduled for this Monday, July 28. 

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The Lansing Economic Area Partnership (LEAP) is a coalition of area leaders committed to building a prosperous and vibrant region where business can thrive. To do this, we help entrepreneurs start new businesses, help existing businesses grow, and attract new businesses to the region. For more information about LEAP, please visit www.purelansing.com.


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