Stryker Requests Tax Break for Michigan Plant Expansion

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.

Advertisement

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

At the Becker's 23rd Annual Spine, Orthopedic and Pain Management-Driven ASC + The Future of Spine Conference, taking place June 18–20 in Chicago, spine surgeons, orthopedic leaders and ASC executives will come together to explore minimally invasive techniques, ASC growth strategies and innovations shaping the future of outpatient spine care. Apply for complimentary registration now.

Advertisement

Next Up in Spinal Tech

Advertisement

Comments are closed.