A vacant industrial site in Ferndale will be cleaned up and returned to the tax rolls after a growing local business renovates the property and brings new jobs to the site.
Brass Aluminum Forging's plan to re-use the building at 965 Wanda will come with an $8.6-million investment. The project got the go-ahead this week when the
Michigan Economic Development Corp. approved a local and school tax capture of nearly $718,000, money that will help cover the cost of renovations.
The building will be shared by
Brass Aluminum Forging and other tenants that lease space.
The company, which makes valve bodies, weapon components, air and hydraulic fittings, and architectural details and provides items that can be forged as well as other processes and products, expects to hire 50 new employees to work at the new site. Building tenants are expected to hire another 50 employees.
The city of Ferndale's Brownfield Development Authority requested the 965 Wanda site be a recipient of the the MEDC's Michigan Strategic Fund's economic development and community revitalization projects.
Source: Kathy Fagan, spokesperson, MEDC
Writer: Kim North Shine
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