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A property tax incentive approved today by City Council will support the continued operation of a 230,000-square-foot industrial facility in South Deering.
The renewal of a Class 6(b) incentive for BHI Property, LLC, a related entity to Arro Corp. at 10459 S. Muskegon Ave. will help the company retain 160 manufacturing jobs by lowering its property taxes for the next 12 years. Total tax savings over the renewal period are estimated at $1.7 million.
The original Class 6(b) incentive, issued in 2003, supported the $10 million renovation of the facility's four buildings.
Founded in 1986, Arro provides mixing and packaging services to major food companies, including Con Agra, Pillsbury, Quaker Oats, and Starbucks.
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