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Lansing, MI ()

Neogen Food Safety Diagnostic Facility

Investment

  • NMTC Amount: $13,000,000
  • Total Project Cost: $164,560,000

IMPACT

  • 180 FTE jobs
  • 150 construction jobs
  • Neogen has committed to proactive hiring of specific disadvantaged populations, including veterans, long-term unemployed, those with physical or mental disabilities. NMTC financing helped Neogen determine that it would be advantageous and financially viable to add their food safety equipment production hub by building a new facility on a brownfield site in a severely distressed community in Lansing, Michigan rather than locating in a suburban “greenfield” area without redevelopment challenges.
  • 176,000 sq. ft. of real estate

Investor

Project Description

Neogen Corporation is undertaking an approximately $110 million expansion of their Lansing food safety facility with the support of $13 million in New Markets Tax Credit (NMTC) allocation from Michigan Community Capital (MCC) to support equipment purchases exceeding $40 million. Located between E. Shiawassee Street and E. Michigan Avenue in Lansing, the expansion includes the construction of a new three-story, 176,000-square-foot manufacturing building, that will house new manufacturing and laboratory equipment for the testing and releasing of food safety products.

The project is advancing agricultural technology and food innovation supporting the state’s goal of solidifying Michigan as a leader in the life sciences and agribusiness sectors. ver the next seven years, Neogen’s expansion will create more than 100 new jobs accessible to individuals with less than a four-year college degree, and dozens of positions to be filled by professional and technical roles in the food safety industry. Positions will meet living-wage minimums, be full time, and eligible for industry-competitive benefits.

MAP

Address: 720 and 703 East Michigan Avenue (Herbert Building Expansion) and 301 North Hosmer (Hosmer Building), Lansing, MI 48912

Census Tract: 26065006500

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