Job training grant supports 35 new jobs for Cobra Cycle

Cobra Motorcycle Manufacturing Inc. is the recipient of a $17,423 economic development job training grant to support skills training for 35 new hires at its Hillsdale, Mich., location. The Michigan Economic Development Corporation made the grant possible.

The company has chosen the Michigan Manufacturing Technology Center to conduct training in advanced manufacturing applications.

Cobra Sport Inc., a division of Youngstown, Ohio-based Cobra Motorcycle Manufacturing, invested $1.5 million to relocate its motorcycle manufacturing facility to Hillsdale from Ohio in November 2005 as a result of MEDC assistance. The project was projected to create 132 new jobs, including 70 directly by the company. The MEDC approved a state tax credit valued at more than $386,000 over seven years to win the company’s business. The city of Hillsdale proposed a tax abatement valued at $20,000 over 12 years to support the project.

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