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Saab may announce Royal Oak as site of U.S. headquarters


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Saab may announce Royal Oak as site of U.S. headquarters

Robert Snell / The Detroit News

Royal Oak -- A state agency today could approve tax credits to help the cast-off Saab brand open its North American headquarters in Royal Oak.

The Michigan Economic Growth Authority is meeting at 10 a.m. in Lansing to consider approving a five-year employment tax credit for Saab Cars North America, Inc.

The meeting comes less than a month after General Motors Co. finalized the sale of Saab to Dutch luxury automaker Spyker Cars NV in a $74 million deal.

The city of Royal Oak already has approved a personal property tax break worth about $29,000.

Last fall, Swedish sports car maker Koenigsegg Group, whose plan to buy Saab later fizzled, sought incentives to relocate mostly sales and marketing employees from the Renaissance Center to an industrial building at 4327 Delemere Court between 14 Mile and Normandy.

It was unclear whether Saab is looking at the same facility.

Janet Gekiere of Ronnisch Construction Group, which owns the 13,000-square-foot building, declined comment.

A Saab spokeswoman did not return a phone call seeking comment.

Bill Mullan, a spokesman for Oakland County Executive L. Brooks Patterson, told the Associated Press said he could neither confirm nor deny that Saab has chosen Royal Oak as the site of its North American headquarters.

But Royal Oak Mayor Jim Ellison told WJBK-TV (Channel 2) that he expected Gov. Jennifer Granholm to make the announcement at a news conference today.

From The Detroit News: http://www.detnews.com/article/20100316/AUTO01/3160385/1148/Saab-may-announce-Royal-Oak-as-site-of-U.S.-headquarters#ixzz0iLIKmVHj

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