If granted, the tax break would be for nine years — six years on real property and three years on personal property.
The plant expansion is expected to add 18 new jobs to the already 662 employed. The Portage city council will host a public hearing on the request in February.
More Articles on Devices:
Ascendx Spine Device Receives FDA Approval
6 Potential Effects of the Medical Device Tax on Orthopedics Companies
Dr. David Chao Sues Smith & Nephew for $2.2M After Failed Hip Surgery
Stryker Requests Tax Break for Michigan Plant Expansion FeaturedWritten by Heather Linder | Tuesday, 22 January 2013 17:35
Device manufacturer Stryker has asked Portage, Mich., for a tax reduction on its $5.6 million research and development plant expansion, according to Michigan Live.
© Copyright ASC COMMUNICATIONS 2015. Interested in LINKING to or REPRINTING this content? View our policies here.
New from Becker's Orthopedic & Spine Review