The company has been offered the lots pictured here, located next to Robinson Dental on Reno Drive.

Wayland industrial land offered for $1

By: 
Virginia Ransbottom, Staff Writer

To secure new business in Wayland’s industrial park, the city council on Monday approved offering a 14.3 acre parcel for $1 along with a 50 percent tax abatement to a company from Portage.

The Portage company is a valve manufacturer that plans to house 150-200 jobs over the next 10-15 years at an average wage of $48,000.
 
The company was originally interested in the same 10.9-acre parcel a Netherlands company has been negotiating for since December. 
 
In March, council members voted to offer the Portage company the same price and tax incentives being offered the Netherlands company, but for another vacant property next to Robinson Dental on Reno Drive. 
 

For full story, pick up a copy of the May 22 issue of The Allegan County News or subscribe to the e-edition.

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