Niowave
Old Town
Industrial
Complete
1012 N. Walnut Lansing MI 48906
Project Name - Niowave, Inc.
Project Description - Niowave is a spinoff from Michigan State University's Cyclotron Particle Accelerator. Headed by Dr. Terry Grimm, Niowave fabricates and sells parts used in the assembly of particle accelerators, this advanced manufacturing process is unique to Niowave. Housed in the former Walnut Elementary, Niowave demonstrates how former educational buildings can be put to reuse for high tech purposes.
Public Incentive - $989,500 - Obsolete Property Rehab, Brownfield, Michigan Business Tax Credit, Personal Property Exemption
Private Investment - $5,000,000
New Jobs - 75
Project Reporting Information
OPRA
Brown Field Local TIF
Brown Field MBT Credit
328 Tax Exempt
OPRA
Brown Field Local TIF
Brown Field MBT Credit
328 Tax Exempt
Public Investment: $989,000.00
Private Investment: $5,000,000.00
Commited Private Investment: $5,000,000.00
Jobs Created: 75
Commited Jobs Created: 75
Private Investment: $5,000,000.00
Commited Private Investment: $5,000,000.00
Jobs Created: 75
Commited Jobs Created: 75


