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Innovation & Job News
Masco Cabinetry creates Ann Arbor HQ, 250 jobs
Wednesday, March 17, 2010
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Ann Arbor
Masco is combining its Builder and Retail cabinetry groups to create Masco Cabinetry, which will move its headquarters to Ann Arbor, relocating a total of 350 workers and creating nearly 100 new jobs.
The
Michigan Economic Development Corp
has negotiated a deal with the Michigan-based company, which will includes a $204,588 tax abatement over six years to leverage a $20.6 million investment. That deal will move 206 employees from the Adrian headquarters of
Masco Corp
(the parent company) to Ann Arbor and create another 250 jobs over ten years.
Masco Cabinetry will manufacture and distribute kitchen and bath cabinetry through big box retailers. The two old subsidiaries that did this were based out of Adrian and
Ohio
. The Buckeye state had made a similar tax incentive offer to land the new cabinetry firm, specifically in the Toledo area.
Masco Cabinetry's new headquarters will be located off Dixboro Road in Ann Arbor Township. It will serve as the base for an expected payroll of 890 full-time people.
Source: Michigan Economic Development Corp
Writer: Jon Zemke
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