Wednesday morning Scio Township hosted a breakfast event to celebrate the launch of its new website. Before a group of 50 local officials and business people, Spaulding Clark, Township Supervisor explained that the Township is reaching out to its constituents with easy to access information about living and doing business in Scio.
The website was designed by Annie Wolock of Keystone Media. Content for the site was prepared by Township officials and committee chairs and pulled together by Marty Mayo, a Township resident and chair of the Economic Development Action Committee (EDAC).
Along with the new website, the Township also unveiled a promotional video touting Scio’s surprising business community. Scio’s businesses are surprising both in numbers – more than 900 – and in the innovation and creativity they represent. The video was designed by Hile Design, whose owner Dave Hile is a member of the Economic Development Action Committee. EDAC sponsored this video to spread the word about the many advantages Scio’s cool and useful companies have enjoyed by making their home in Scio’s “creative corridor” along Jackson Boulevard.
The Economic Development Action Committee believes that Scio is one of Ann Arbor’s “best kept secrets” – it has more than 16,000 residents plus an active industrial/commercial community, but many people living in the Ann Arbor area do not even know where Scio is and can not pronounce its name (sigh-oh).
Terumo Cardiovascular Systems Corporation (Terumo CVS) has been awarded a 12-year property tax abatement by Scio Township for $4.9 million in investments for capital improvements at its Ann Arbor facility.
Ann Arbor SPARK provided assistance to Terumo CVS in identifying and applying for the tax incentives.
“Terumo CVS has been a part of the Ann Arbor region’s growing economy for several years; it’s exciting to support the next step in its evolution,” said Paul Krutko, Ann Arbor SPARK president and CEO. “Working with our partners in Scio Township to create an incentives package that helps support Terumo CVS’ sustained growth is exactly the collaboration needed to make economic development efforts successful.”
Terumo manufactures products for cardiac and vascular surgery to hospitals worldwide. The incentives will help support improvements that will directly support the retention of the company’s current 600-person workforce.
“We are grateful to Scio Township for granting Terumo this important tax exemption that will enable us to invest additional resources and expand our business operations in Washtenaw County. Terumo has been part of the fabric of this community for many years, because of the strong business support and exceedingly talented workforce that lives here,” said Mark Sutter President and chief executive officer, Terumo CVS. “Terumo is also thankful for the leadership, guidance and support that Ann Arbor SPARK provided to us during the entire process. Our organizations have a long-standing relationship and we appreciate having this valuable resource available to us.”
In addition to assisting with this current incentives package awarded by Scio Township, Ann Arbor SPARK has worked closely with Terumo on previous incentives to support its growth in the region. Ann Arbor SPARK has also provided the company with support for its talent and hiring needs.
Mark Sutter was recently featured in the Pure Michigan Business Attraction video: Why Ann Arbor? Watch it below:
Annarbor.com’s Nathan Bomey joins Governor Granholm and Ann Arbor SPARK’s Mike Finney at Terumo’s expansion celebration today.
Japanese medical device maker Terumo Medical Corp.’s campus in Scio Township is a sprawling illustration of a growth pathway for global life sciences companies in the Ann Arbor region.
Terumo’s global sales success forced the company to expand its 55-acre campus on Jackson Road – a $3.5 million move officials marked today with a grand opening celebration.
The firm’s Terumo Cardiovascular Systems division now employs 367 workers in Scio and its Terumo Heart division now employs 130. Overall, both subsidiaries, collectively among Washtenaw County’s top 25 employers, have added more than 60 new employees over the last 18 months.
“Terumo is kind of a secret in a way,” said Mark Sutter, CEO of Terumo CVS. “We’ve been here for many years and we don’t talk about ourselves a lot. We could not exist without the great, great support we have in this community and in the state.”
Michael Finney, CEO of Ann Arbor SPARK, said Terumo’s growth could make the company the region’s biggest private sector employer within 10 years.
Terumo’s latest expansion, which began in 2008, paves the way for the company to offer its DuraHeart product to the U.S. market. The device, which assists the heart’s left ventricular chamber in open-heart surgeries, was approved for sale in Europe in 2007 and is under consideration for approval in the U.S.