MMA: News & Information: News: Tool and Die Recovery Zone — Commonly Asked Questions and Answers

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Tool and Die Recovery Zone — Commonly Asked Questions and Answers

1/5/2005

See MMA’s Tool & Die Recovery Zone Web page for the most up-to-date information.

Who qualifies?

Companies with fewer than 75 employees.
Companies that are classified as one of five North American Industry Classification System (NAICS) codes: 333511, 333512, 333513, 333514 or 333515.
Must have resolution passed by local unit of government giving permission to forgo taxes for up to 15 years.
Once a company is qualified it must be part of a collaborative of other like companies.

How do I check my NAICS code to see if I qualify?

The NAICS code is collected at the time a business is established.
It is used by the Census Bureau to help identify companies’ operations.
Your accountant may have your NAICS code on record.
Visit the U.S. Census Web site.
Call “Dr. NAICS” at 1-888-756-2427.

What taxes would be waived if my company is approved for a collaborative?

Property taxes
Personal Property Taxes
Single Business Taxes
Local school millage
Community college millage
Library millage
County taxes
Local taxes

Would the State reimburse my local community for any taxes it waives?

The State would reimburse the school, Intermediate School District, Community College and Library millages .
The State would not replace the tax revenue lost to your local unit of government or county.

Why would my local unit of government want to do this?

To help your business maintain its present workforce and to aid your growth so that more jobs are created.

What can I do to see if my local officials would go along with this idea?

Talk to your city or township officers, local economic development director or the council attorney to find out if they have done something like this in the past or would be open to the idea.

How do I join a collaborative?

Contact Chuck Hadden at 800-253-9039 ext. 550 or 517-487-8550 for more information.

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Who are members of the Michigan Manufacturers Association?

MMA’s membership is made up of companies, ranging from Fortune 500 corporations to small, family-owned shops, rather than individuals. Nearly 3,000 companies across the state currently take advantage of the Association’s many services.

How do I find out more about the manufacturing industry in Michigan?

MMA has compiled general Michigan manufacturing information. We also provide links to several other agencies and organizations that may have the information you need. Or contact MMA and we'll do what we can to help you.

Track Michigan Manufacturing Employment

Are MMA staff members available to comment on particular issues or speak at events?

Yes, several people with MMA are experts in a variety of topic areas. Contact Amy Shaw at 800-253-9039 ext. 513 or 517-487-8513; she’ll connect you with the right person.

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