Covisint Will locate Its World Headquarters In Southfield, Mich.(Brief Article)

Covisint said it will locate its corporate world headquarters in Southfield, Michigan. The company chose Southfield, contingent upon the successful conclusion of negotiations with its proposed new landlord and subject to the approval of local tax incentives by the Southfield City Council. Covisint expects to relocate to its new offices in early 2003.

"Both the City of Detroit and the City of Southfield have many strengths," said Kevin W. English, chairman, CEO and president, Covisint. "We chose Southfield for a number of reasons, particularly its geographically central location, which makes it ideal for our OEM and supplier customers."

Last November, the Michigan Economic Development Corp. offered Covisint a 20-year incentive package valued up to $59 million to secure the company's choice of Southeastern Michigan for its world headquarters. Both the cities of Detroit and Southfield pledged local tax incentives to attract the company to their communities.

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