January 9, 2008
The company would be operated as part of Allegheny Technologies Inc. Casting Service, an Allegheny Technologies Incorporated company. ATI Casting Service manufactures grey and ductile iron castings for wind energy and other markets. The project is expected to create 368 new Michigan jobs, including 150 directly by the company. A state tax credit valued at more than $1.8 million over seven years helped convince the company to pursue the Michigan facility instead of a site in Indiana. The city of Alpena has approved a nine-year abatement worth $1.6 million to support the project.
This item comes from the Michigan Economic Development Corporation (www.michiganadvantage.org), which is located at 300 N. Washington Sq., Lansing, MI 48913. For more information, either go to the web site or call (888) 522-0103.