Cornerstone Alliance Announces Approval of Industrial Facilities Tax Exemption for C&S Machine’s Expansion in Bertrand Charter Township
“We are thrilled to support C&S Machine in their endeavor to enhance operations and contribute to the economic growth of our community,” said Zach Vaughn, Director of Business Growth for Cornerstone Alliance. “This approval reflects our commitment to fostering a business-friendly environment and encouraging local investment.“
NILES, Mich. (May 16, 2024) – Cornerstone Alliance, the lead economic development organization serving Berrien County, announced the approval of an Industrial Facilities Tax Exemption (IFE) for C&S Machine by Bertrand Charter Township. This exemption will facilitate the restoration and expansion of C&S Machine’s existing facility located at 1760 Mayflower Rd., Niles, MI 49120.
The IFE approval comes as C&S Machine embarks on a significant investment, totaling $3,650,000. This investment includes the restoration and renovation of its 10,000-square-foot facility, along with the acquisition of new equipment. This expansion project aims to bolster production capacity and accommodate the growing demands for C&S Machine’s ultra-precision components.
“We are thrilled to support C&S Machine in their endeavor to enhance operations and contribute to the economic growth of our community,” said Zach Vaughn, Director of Business Growth for Cornerstone Alliance. “This approval reflects our commitment to fostering a business-friendly environment and encouraging local investment.”
C&S Machine, founded in 1966 in Buchanan, Michigan, has a rich history of manufacturing ultra-precision components for various industries, particularly in aerospace. Since relocating to Bertrand Township in 2016, the company has been a key employer in the region, currently employing 131 individuals.
“This investment underscores our dedication to innovation and quality craftsmanship,” remarked Dominick Saratore, CEO of C&S Machine. “We are grateful for the support of Bertrand Charter Township and look forward to continued growth and success in our community.”
The approval of the IFE by Bertrand Charter Township grants C&S Machine a tax exemption for a term of 12 years, providing vital financial relief to facilitate their expansion efforts. This project is expected to create five to 10 new jobs upon completion, further bolstering the local economy.
Cornerstone Alliance remains committed to supporting businesses like C&S Machine as they invest in our community, driving economic prosperity and creating employment opportunities.
For more information about Cornerstone Alliance and its initiatives, please visit www.GoMichigan.com