GRAND RAPIDS, MI — A global tape manufacturer has moved its North American headquarters from North Carolina to Grand Rapids. This is expected to create up to 60 jobs and bring in $1.2 million in capital investment.
Tesa Tape, which manufactures tapes for the automotive, consumer electronics, construction, and home and office sectors, opened its headquarters at 25 Ottawa Avenue, S.D., in late March and currently employs approximately 45 people. Masu.
The average salary for the new jobs is about $100,000, according to the Michigan Economic Development Corporation (MEDC).
“Global companies like tesa recognize the exceptional value and amenities that downtown Grand Rapids provides for professional and corporate services employees,” said Jono Klooster, acting director of economic development for the City of Grand Rapids. said. “The City of Grand Rapids is excited about Tesa Tape's continued investment and growth in West Michigan and looks forward to welcoming 60 high-paying jobs to the city.”
Tesa has a manufacturing center in Sparta and sales and engineering offices in Novi, about 47 miles northwest of Detroit. Currently, the company has 174 employees in Michigan. Our global headquarters are in Germany and we have approximately 5,000 employees worldwide.
As part of the move to Grand Rapids, Tessa received a $500,000 performance-based grant from MEDC. The average wage for the new positions is $47.50 an hour, or about $98,800 a year, MEDC said.
MEDC said Tesa will move its North American headquarters from Charlotte, North Carolina, to Grand Rapids to better connect its facilities in Sparta and Novi. He employs 70 people at the company's Charlotte headquarters. MEDC said the subsidy is needed because “employee redeployment will disrupt the workforce and some may seek other opportunities.”
“As such, the company wishes to further invest in state-of-the-art office space in Grand Rapids, but requires incentive support to secure this expansion and offset the costs of implementing this project,” MEDC said. .
The company's $1.2 million capital investment will be spent on rent for the new headquarters, as well as other costs such as furniture and equipment.
“By choosing to relocate major U.S. corporate functions to Grand Rapids, tesa is creating more enrichment for families and individuals in the local community,” said Brent Case, Vice President of Business Attraction for The Right Place. It plays an extremely important role in nurturing the region.” “We appreciate your continued investment in our region.”
Wright Place, a Grand Rapids-based regional economic development organization, said in a news release that it worked with MEDC to ensure the company continues to grow in the area.
The 45 employees working at tesa's new headquarters are a mix of new hires and employees transferred from the company's Sparta plant, said company spokeswoman Christina Austin.
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