An $80 million project to transform a long-vacant Southwest Michigan paper mill in the small town of Vicksburg is under construction after developers obtained a large tax incentive from the state.
“We got straight to work,” said Jackie Koney, director of Vicksburg operations for Paper City Development LLC.
The company received the transformational brownfield incentive funding in July from the Michigan Strategic Fund, which provides $30 million of tax capture that will help convert the former Lee Paper Mill into a multi-use venue. It is only the second development in the state to receive the transformational brownfield incentive.
