According to excerpts from the story:
Governor Jennifer M. Granholm today announced that Redevelopment Renaissance Zones have been approved for industrial sites owned by Eaton Corporation in Jackson and MBtech Autodie in Grand Rapids. The tax-free designations will assist the companies in revitalizing existing manufacturing facilities.
“These Renaissance Zones keep good-paying jobs in Jackson and Grand Rapids while helping bring new economic development opportunities to these communities,” Granholm said. “Strengthening and upgrading our existing industrial enterprises is a critical step in our plan to grow Michigan’s economy.”
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