The state has approved $2.13 million in brownfield incentives for a $40 million meat processing and cold storage plant Wolverine Packing Co. is building in Detroit's Eastern Market district.
The Michigan Strategic Fund board on Tuesday approved a request by Detroit's brownfield redevelopment authority to allow for the capture of local taxes to help fund the project, which is expected to create 50 jobs paying $18 per hour.
Separately, Wolverine is asking the city of Detroit to designate the property as an Industrial Development District, a designation that would give it a 12-year tax abatement. City Council approved the designation in February but has yet to consider the next step, issuance of an Industrial Facilities Exemption Certificate.
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