Plastics company to open in SL

The company plans to invest up to $7 million and create more than 70 jobs.
Marie Havenga
Dec 4, 2013
Ohio-based Lauren Plastics announced this morning that it has acquired ISO-Trude, Inc., 17155 VanWagoner Road.
 
Lauren officials said at a news conference at the former Herman Miller building that they plan to invest up to $7 million and create more than 70 jobs.
 
The plastic extrusion company specializes in automotive and consumer parts.
 
The moves comes with the help of a $300,000 Michigan Economic Development grant, a tax abatement from Spring Lake Township worth $154,000 and $70,000 in job training and other services from the Ottawa County Michigan Works program.
 

Comments

Say no to new taxes

Spring Lake leadership seems to think industrial manufacturing manufacturing is dead, I guess someone forget to tell this company.

Real estate maven

I couldn't agree more. As I said yesterday let the MARKET dictate the demand for space and where they locate not bureaucrats with no business sense whatsoever. One need look farther than Washington to see the disastrous results when government interferes with free markets. If all layers of government will just get out of the way with their draconian regulations and needless interference the economic recovery will flourish and flourish quickly. Problem is government is moving in exactly the opposite direction!!

bigdeal

Funny how this story actually does connect to the other one. Back in 1974 I worked at Star Machine Co. in the building in the village of SL where they are considering changing the zoning now. It was/is a small building, and Star Machine moved out of that building into a brand new building - on Van Wagoner Rd, the actual building they are talking about here. The reason of course was expansion, as there is no room in the village to expand.
Now enter Iso-Trude. I worked there too. They started in a small shop on Eaton St in GH, but moved out to Van Wagoner only about a year ago. The reason? Expansion. No room in the city to expand, again. They are the only plastic extrusion company in west Michigan, kudos to them on the sale of the company.
As I stated, small business can become large business. Even here, and that is great. But when a building can be better used as an incubator for new businesses, it can be a win-win situation for all. The taxes the municipality collects from multiple businesses in a single building can be much greater than having to defer $154k in taxes (means they really won't ever collect them) just to entice 'industry'. Along with grants and MI Works money talk about corporate welfare! Better complain about someone on their bridge card a little more please.

Wolverine49457

They are fixing the smell just in time, happy to see business expanding and adding workers not to mention the taxes and revenue's from people eating lunch in the area, the needs for office and shop supplies...good to see that coming soon sign every morning. their web site says they are hiring office and shop workers.

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