By: Dan Calabrese
The city of Norton Shores has approved a 12-year, 50 percent tax abatement for Noble Co.
– a move that helps Noble proceed with a facilities expansion that will
add three-to-five jobs to the company’s existing employment base of 27.
Noble’s expansion will add 31,000 square feet to the company’s
facility at 7300 Enterprise. Founded in 1937, Noble formulates hydronic
and fire protection fluids and manufactures accessory products for
plumbing and tile industries.
Richard Maher, community development director for Norton Shores,
said the city’s action is consistent with its overall policy of working
to facilitate local business expansion.
“The city council has always been proactive when it comes to our
local businesses,” Maher says. “We appreciate businesses that are
expanding and growing in our community, and especially in these tough
economic times. And Noble has been a good corporate citizen, and we’re
happy to support the expansion.”
The value of the tax break for Noble is estimated at $26,047 for all
taxing units in the first year, including $3,556 for the city of Norton
Shores.
Source: Richard Maher, city of Norton Shores
Deborah Johnson Wood is development news editor for Rapid Growth Media. She can be contacted at [email protected].
Enjoy this story?
Sign up for free solutions-based reporting in your inbox each week.