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ThermoAnalytics
spun off
from a
research lab
of Michigan
Tech just
over 10
years ago.
The timing
was right
and the
location was
perfect to
set up
business in
an empty
building
that resided
in the newly
formed
Houghton
County
Airpark
Renaissance
Zone.
Initially
during the
first couple
startup
years, the
savings form
Michigan
Single
business and
Property
taxes being
waived was
not
significant
but as we
became more
profitable
and invested
into
additional
facilities,
the saving
has become
an economic
development
tool for us.
These
savings
(over $40 K
per year)
allow us to
grow our
business at
a rate of
20-25%,
which mean
more
professional
jobs and
significant
revenue to
plowback
into out our
local
Michigan
community.
The RenZone
concept is a
real
catalyst for
businesses
to be
forward
thinking and
use those
tax savings
in a way
that both
ensures
sustainability
as well as
jumpstarts
new
opportunities
resulting in
rapid
growth.
ThermoAnalytics
is a real
Michigan
Renaissance
Zone success
story.
For more
information
about
ThermoAnalytics,
visit them
at
www.thermoanalytics.com.
Keith
Johnson,
President/CEO
ThermoAnalyitcs,
Inc.
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