Kansas City is about to get 375 new jobs. A Michigan company, Challenge Manufacturing, is expanding its operations into Kansas City's Northland neighborhood near I-35 and Kansas City International Airport (KCI).
The company is moving into one of the large vacant buildings near KCI. The business will manufacture large parts for the GM Fairfax plant. They're expected to open for business in about one year.
The Kansas City Council voted unanimously in favor of the financial deal to bring Challenge Manufacturing to Kansas City on Wednesday, September 16, 2015.
Challenge Manufacturing will receive a ten year tax-abatement. In exchange, the company will hire 375 people in Kansas City.
Council members are calling it a good deal because the jobs are high-paying, averaging $45,000 a year.
The idea is that this move will help the economy because employees will buy homes, cars and other consumer goods.
Cynthia Newsome can be reached at email@example.com.