Michigan City Common Council Grants Tax Abatements for Two Projects
The Economic Development Corporation Michigan City (EDCMC) is pleased to announce tax abatement approvals for two projects at the April 17, 2018 Michigan City Common Council meeting. Both projects received approval from the Michigan City Common Council for tax abatement on real property for two businesses investing in Michigan City. Michigan City Hotels, LLC is the realty company for Amerilodge Group which is planning a new Holiday Inn Express & Suites Hotel on the city’s south side on Kieffer Road. Construction of the four story and 58,000 square foot facility will be a total capital investment of $7.2 million and create 25 new positions. This newly built property will feature the brand’s recently introduced “Formula Blue” design and will include 90 rooms, meeting rooms, swimming pool, fitness center, and breakfast bar for guests to enjoy. The projected completion date for the project in March of 2019. “Amerilodge Group is excited about the market in Michigan City and happy to work with them on this project,” said Amerilodge CEO and President, Asad Malik.
Mulhern Belting, Inc. is a conveyor belt manufacturer and wholesaler that has been in Michigan City for over five years and due to increase business growth is expanding their current facility located on Lumber Center Road. Mulhern Realty Company, acting on behalf of Mulhern Belting, Inc., is receiving a tax abatement for the construction of an additional 14,000 square foot facility on their property. Construction of the facility and new equipment purchases will be an investment of $1 million which will retain the current 15 employees and add up to 10 employees over the next five years. Receipt of the tax abatement will allow the company to expand as needed and retain their business here in Michigan City.
Both tax abatements, which were approved by the Michigan City Common Council at a meeting on April 17, 2018, will total $8.2 million in investment, retain 15 employees, and create up to 35 new employee positions in Michigan City. “The Economic Development Corporation Michigan City (EDCMC) is proud to partner with new and existing businesses to help them remain and grow in Michigan City. We are happy to welcome a national brand like Holiday Inn Express & Suites, and to retain a growing existing businesses like Mulhern Belting that will continue to call Michigan City home” said EDCMC Executive Director, Clarence Hulse.
Amerilodge Group is a privately-owned company which manages, operates, and owns hotels in the Midwest. The majority of our hotels are located in Michigan, with particular focus and concentration of properties in the Southeastern Michigan-area. We’re excited to be a part of the synergy created between corporations and communities. Our reputation speaks for itself. Our experience, combined with our affiliations, have made us one of the fastest growing companies in our industry. For more information, www.amerilodgegroup.com
Mulhern Belting is one of the largest conveyor belting wholesalers and fabricators in the world. We partner with distributors and select OEMs to reach the End User marketplace. Our extensive inventory of hundreds of belt styles stocked in full rolls, high quality products and fabrications, on time delivery and 5 full service nationwide locations make Mulhern Belting an asset in every belt application. Mulhern Belting has 5 production facilities. Each carries a full line of heavy weight and light weight products. For more information, www.mulhernbelting.com
Economic Development Corporation Michigan City, Indiana is committed to growing and attracting new industry and business to the community as well as strengthening existing business. EDCMC services, programs and one-on-one assistance clearly provides the optimum business environment — a place where commerce and industry can prosper and grow. EDCMC merges the right mix of resources, including: city government officials, utility engineers and the expertise of business leaders. Exclusive incentive packages and unique natural resources make Michigan City the place to build or expand. For more information, call (219) 873-1211 or visit www.edcmc.com.