Weesaw Township has approved an Industrial Facilities Tax Exemption for Vickers Engineering to build a 14,900 square foot building on its campus located on Glendora Road.
The township board signed off on the expansion and tax abatement this week.
The new building will be used to store raw materials, tools, parts, and equipment so areas in Vickers’ current building can be repurposed for more efficient manufacturing production.
Vickers services the Automotive, Oil and Gas, Agriculture, Defense, and Industrial markets.
Cornerstone Alliance says the company’s growth has “increased the need for more production materials to be readily available and on hand, and adding materials would cut manufacturing space in its current shop.
The Tax Exemption granted by Weesaw Township will enable the company to get a 50% tax break on the new asset for up to 12 years.
The Vickers investment will be about $500,000.
