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Dematic North America to create 500 new jobs in Grand Rapids

Dematic Corportation designs and manufactures a variety of logistical systems.
logisticsbusiness.com
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Dematic Corportation designs and manufactures a variety of logistical systems.

A Grand Rapids company is planning a major expansion. Michigan's Economic Development Corporation approved tax incentives for the company Tuesday.

Dematic North America designs and manufactures automated systems for all kinds of industries. It's investing roughly $11 million dollars in new equipment and technology - and creating more than 500 new jobs in the next 5 years. Around 74 will be created in the first year. The jobs include engineers, sales, research and development, production and adminstration. The company estimates the average pay is about $872 per week.

Michigan's Economic Development Corporation approved the tax incentives Tuesday in exchange for the company investing in the state. The tax breaks amount to just under $1 million.

The City of Grand Rapids will consider local tax breaks for the company Tuesday night.

Lindsey Smith helps lead the station's Enterprise Team. She previously served as Michigan Radio’s Morning News Editor, Investigative Reporter and West Michigan Reporter.