This expansion will bring their headquarters complex to 850,000 square feet. It'd have been nice to see them relocate to the city proper, but it's good to see them staying in the area. Insurance now makes up a significant chunk of the local economy, and has helped offset a little bit the huge losses in manufacturing.
Quote:
Auto-Owners plans HQ expansion in Delta Twp.
Melissa Domsic • Lansing State Journal • September 22, 2009 • From LSJ.com
DELTA TWP. - Auto-Owners Insurance Co. plans a $105.3 million expansion of its Delta Township headquarters that would create 800 full-time jobs.
The proposed project would involve a three-story, 250,000-square-foot facility on 143 acres it bought along South Creyts Road near Interstate 496. It bought most of the property from Blue Cross Blue Shield of Michigan earlier this year.
Once Blue Cross Blue Shield's lease ends in 2012, all or some of those buildings will be demolished to make room for the new Auto-Owners corporate complex. The 800 jobs would be created over 10 years with an average salary of $43,000.
Auto-Owners is seeking up to $26 million in incentives, including Michigan Economic Growth Authority tax credits, Michigan Business Tax credits and personal property tax abatements, said Delta Township Supervisor Ken Fletcher.
Auto-Owners Insurance Co. is part of Auto-Owners Insurance Group.
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