Micro-LAM industrial tax abatement certificate transfer
Portage
Summary
Two unanimous abatements support Depatie Fluid Power's $4.8 million expansion at Sprinkle and Milham — 149 jobs expected within two years — plus a speculative suite next door awaiting a tenant. The city gives up nine years of property tax revenue on the improved value to attract and keep industrial employers.
At a glance
- Total mentions
- 3
- Last 30 days
- 1
Discussed at 2 meetings in the last 60 days; most recently Oct 20, 2026.
Impact analysis
City forgoes property tax revenue on the improved value for up to nine years in exchange for job creation and wages above area median income.
Depatie Fluid Power, its roughly 149 future workers, and eventually a tenant for the vacant 16,875-square-foot suite.
Mentions & discussions (3)
City Council - Oct 20, 2026
A growing Portage tech optics firm is taking over the remaining seven years of a tax abatement on Suite 2 at 5870 South Sprinkle Road after DePay Fluid Power moved out. In exchange, the city gets 17 new full-time jobs, $2.3 million in new equipment, and no empty suite.
City Council - Oct 6, 2026
Micro-LAM, Inc. wants to transfer an industrial facilities tax abatement certificate for property at 5870 South Sprinkle Road. The city will hold a public hearing October 20 before deciding.
City Council - Aug 25, 2026
Two unanimous abatements support Depatie Fluid Power's $4.8 million expansion at Sprinkle and Milham — 149 jobs expected within two years — plus a speculative suite next door awaiting a tenant. The city gives up nine years of property tax revenue on the improved value to attract and keep industrial employers.
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