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Economic Incentives

Competitive Tax Rates & More Help Businesses Thrive

In Midland, not only will you find a competitive cost of doing business — you also have access to the best incentives in the state of Michigan. 

Midland offers competitive tax rates:
  • Property tax abatements 

  • A flat 6% corporate income tax 

  • Zero inventory tax
  • Zero local income tax
  • County bond program
  • Industrial tax credits
  • Investment tax credits
  • Job creation tax credits 

 
Other business advantages in Midland include:
  • Access to resources highly experienced in chemical industry manufacturing (engineering and construction firms, suppliers, financial institutions) 

  • Low-cost energy provider
  • 
45-day site plan approvals for chemical 
companies 

  • Global logistics assets 

  • Supply-chain expertise
  • Abundant water resources and state-of-the-art wastewater treatment plant


  • Property Assessed Clean Energy (PACE)
Midland Tomorrow's Financial Services
Midland Tomorrow helps your business through every step of locating in Midland.

Our services include:
  • Identifying appropriate financing programs from federal, state and local governments
  • Assisting you through the entire application process
  • Identifying private debt and equity financing sources and non-conventional public and private financing options