Global Vehicle Part Manufacturing and Distribution Company

Vehicle Parts

A global manufacturing and distribution company for engine and other automobile parts sought to consolidate their Cleveland locations into a single, newly built facility. Silverlode helped the company to obtain incentives for their new location. The company committed to creating and retaining approximately 300 jobs. Silverlode worked with the state to obtain a $500,000 discretionary grant funding to be used towards the new building and equipment. In addition, Silverlode facilitated discussions with the local community to secure a property tax abatement worth approximately $2 million. Silverlode continues to assist the company with complex, annual compliance to ensure the company receives the full value of incentives awarded.