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Two industrial parks form a strong development center for relocation and expansion of urban businesses as more companies continue to reduce overhead and seek lower operating costs. The Millennium Business Park is under development on US 35/20 and is easily accessible, with daily rail service available. The Tonn and Blank Industrial Park is a "diamond in the rough" offering build-to-suit and development-ready parcels divisible to five acres. The three multi-tenant industrial sites will accommodate manufacturing, warehouse and distribution centers.
The newly formed Michigan City Economic Development Corporation is a one-stop development assistance team that can facilitate all customized development incentives, ranging from significant start-up cost reductions and infrastructure assistance to long-term tax relief. Many other advantages make Michigan City an ideal candidate for enterprise. The corporate tax base is among the lowest in the entire Midwest. Labor and material costs are reasonable and present an opportunity for greater profit margins. The labor force is highly skilled and diverse, and always ready to roll up its sleeves and put in a maximum effort. Community banks offer incentive-laden commercial loan packages to stimulate success while the stable cost of living returns more for the dollar than elsewhere. With a firm commitment to commercial and industrial progress, innovative corporate incentives and a willing and flexible work force, Michigan City is poised to remain one of the regions major industrial centers well into the next century. A progressive business community is reflected by a growing and vital Michigan City Area Chamber of Commerce. This group of energetic,"hands-on" business people is involved in community improvement, economic development, and legislative issues affecting business. The Mainstreet Association and Boulevard Merchants Association promote their respective business districts. |
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