View Single Post
  #596  
Old Posted Nov 22, 2013, 9:30 AM
LMich's Avatar
LMich LMich is offline
Midwest Moderator - Editor
 
Join Date: Jan 2002
Location: Big Mitten
Posts: 31,740
First major development at the airport since Lansing and DeWitt Township entered into their tax-sharing agreement - whereby Lansing receives a split of the taxes at the airport in exchange for providing certain city services - late last year:

Quote:
Niowave plans $202M production facility at Lansing airport

By Lindsay VanHulle | Lansing State Journal

November 20, 2013

DEWITT TWP. — Niowave Inc. plans to build a new manufacturing facility near Lansing’s airport that will produce radioisotopes for medical imaging, creating at least 90 jobs.

The Lansing-based company, which develops superconducting linear particle accelerators, will formally unveil the $202 million project Thursday. But Niowave was awarded a $3 million state grant Wednesday that is meant to offset some construction costs for the 50,000-square-foot building that could open in 2015 at Capital Region International Airport.

Jerry Hollister, Niowave’s chief operating officer, said the facility will produce radioisotopes primarily for medical use in imaging, diagnostics tests and for therapy. It would allow the company to export the isotopes to other markets, Hollister said, since most of those used in America are made outside of the U.S.

...

Initial hiring could bring 90 new jobs, with as many as 120 jobs possible. Positions will include scientists, engineers, computer-assisted designers and technicians, Hollister said, with an average salary of $60,000. The company employs more than 70 people now.

“Michigan has quite a bit of the intellectual capacity necessary to really support this new industry, and particularly here in mid-Michigan,” Hollister said. “It just made sense for us to be here.”

In addition, the state said, Illinois offered Niowave an undisclosed incentive package if it would relocate to the Illinois Accelerator Research Center — part of Fermilab, a U.S. Department of Energy-funded research laboratory.

Keeping Niowave’s manufacturing here likely would support Michigan State University’s efforts to secure federal funding for the Facility for Rare Isotope Beams, a planned energy department nuclear science research facility awarded to MSU in 2008, the state said.

...
Not so fast, Chicagoland; you can't have everything, now.
__________________
Where the trees are the right height
Reply With Quote