Content area
Full text
HOLLAND - Based on what Dan Dershem has been seeing in the world of logistics, the economy has bottomed out - not that the recession has apparently slowed the growth that LeanLogistics has been enjoying since it was founded by Dershem and several others in Holland in 1999.
The company, with a headcount of 111, is vacating two smaller facilities in exchange for one larger one at 1351 Waverly Road in Holland. It expects to add about 580 more jobs over the next five years and invest about $11.2 million in new equipment during that time.
The Holland City Council has approved an Industrial Facilities Tax exemption on $3,280,500 the company plans to invest in the next 24 months, starting in November.
LeanLogistics is also moving about $180,000 worth of equipment from the Zeeland facility it moved into one year ago, and Holland also has agreed to transfer to it a Zeeland tax abatement on that investment. The move into the new Holland facility will start in November and is expected to be complete by Dec. 15.
According to a tax exemption application submitted by LeanLogistics, most of the 580 new jobs will be Java software developers, database administrators and...