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Buffalo Firm Plans $3.1 Million R&D Site in Charlotte


Columbus McKinnon Corp., a Buffalo, New York, manufacturer, plans to move a research and development facility to Mecklenburg County, contingent upon receiving tax incentives from the city of Charlotte and the county.

The company builds hoists and cranes, and other products and machines that move equipment. The research and development facility — the taxable value of which would be $3.1 million — would employ 25 people with an average salary of $118,600.

Mecklenburg County commissioners are scheduled to vote on giving the company $62,000 in incentives at their meeting Tuesday. The city of Charlotte is expected to approve just under $37,000 in incentives, and the state has tentatively approved $27,000 in job training grants.

The company has had a subsidiary in Mecklenburg County, Duff Norton, since 2000. It employs 133 people at an average salary of $61,797.

Steve Harrison is WFAE's politics and government reporter. Prior to joining WFAE, Steve worked at the Charlotte Observer, where he started on the business desk, then covered politics extensively as the Observer’s lead city government reporter. Steve also spent 10 years with the Miami Herald. His work has appeared in The Washington Post, the Sporting News and Sports Illustrated.