
A Manufacturer that is purchasing new personal property or will be investing in new or expanded real property may qualify for an Industrial Facilities Exemption Tax.

A special tax exemption (Plant Rehabilitation District) may also be available to a manufacturer considering the reuse of an existing industrial building that suffers from significant functional obsolescence.

Tax-Exempt Industrial Development Revenue Bonds, issued through the Macomb County Economic Development Corporation, provide qualified manufacturers with low-interest financing for investments of $1.25 million or more (up to $20M).

Your decision to locate in Macomb County can be positively influenced by the department’s ability to provide you with critical information.

As fully 95 percent of the businesses in Macomb County are defined as a “small business” (one that employs fewer than 50 people) it is among the Macomb County Department of Planning & Economic Development’s core responsibilities to provide assistance to the small businesses owners and entrepreneurs who are the foundation of our local economy.

The Brownfield Redevelopment Financing Act allows Brownfield Redevelopment Authorities (BRA), such as the Macomb County BRA to authorize tax increment financing for the implementation of redevelopment projects.

Under the Michigan Renaissance Zone Act the Michigan Economic Development Corporation can designate up to 25 tax free zones within the state.

Communities that are specifically identified as “Economically Distressed” and “Core Communities” can waive personal property taxes for new equipment that is purchased by eligible businesses.