Michigan OKs incentives for La-Z-Boy headquarters - 13abc.com Toledo (OH) News, Weather and Sports

Michigan OKs incentives for La-Z-Boy headquarters

MONROE, Mich. (AP) - The state of Michigan has approved incentives for furniture maker La-Z-Boy Inc. to build a roughly $50 million new world headquarters in Monroe, its hometown since it was founded in 1927.

The Michigan Strategic Fund on Wednesday approved the package, which includes tax breaks, a multi-million dollar grant and other assistance.

Officials say the project could add 50 jobs.

La-Z-Boy earlier this year said the office campus would keep the company's about 500 headquarters employees in the area. At the time, the company had said it also was giving consideration to other sites in southeast Michigan and northwest Ohio.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • Top StoriesMore>>

  • breaking news

    Jury finds Amanda Bacon guilty in death of her son

    Jury finds Amanda Bacon guilty in death of her son

    Friday, April 18 2014 2:38 PM EDT2014-04-18 18:38:34 GMT
    The jury found Amanda Bacon guilty in the murder of her son. She was found guilty of murder and child endangerment charges. She was not found guilty of aggravated murder. Amanda Bacon was charged with
    The jury has found Amanda Bacon guilty in the murder of her son. The jury returned a guilty verdict on murder and child endangerment charges. Bacon was not found guilty of aggravated murder.
  • Water rescue at Farnsworth Metropark in Waterville

    Water rescue at Farnsworth Metropark in Waterville

    Friday, April 18 2014 4:22 PM EDT2014-04-18 20:22:57 GMT
    Waterville crews are trying to reach passengers on a boat stuck on the Maumee River. It's happening near Farnsworth Metropark in Waterville. No one is hurt, but a family is stuck on a boat that has been
    Waterville crews are trying to reach passengers on a boat stuck on the Maumee River. It's happening near Farnsworth Metropark in Waterville.
  • Missing boater's father: "We just want to get him home"

    Missing boater's father: "We just want to get him home"

    Friday, April 18 2014 4:05 PM EDT2014-04-18 20:05:37 GMT
    We are learning more about the two remaining missing boaters on Lake Erie. Bryan Huff of Rossford is an experienced fisherman. His dad says he lived on the lake. Andrew Rose of Maumee works as a bartender
    ODNR and the Ottawa County Sheriff's Office continue combing Lake Erie for the missing men using sonar equipment.

Area Events Calendar

See It, Shoot It, Send It!