Economic Development News
Wednesday, December 12 2018
Lansing, MI — Drive System Design, Inc., a global engineering consultancy specializing in the design, development and control of future transmission and driveline systems, is expanding in Farmington Hills with support from the Michigan Strategic Fund, the Michigan Economic Development Corporation announced.
The project is expected to generate total private investment of $1.7 million and create 25 high-wage engineering jobs. Michigan was chosen for the expansion over a competing site in California.
“Drive System Design’s decision to invest in Farmington Hills rather than another state means excellent jobs for Michigan residents and further solidifies Michigan’s leadership position in automotive R&D and electric vehicle advancements,” said Jeff Mason, CEO of MEDC, the state’s chief marketing and business attraction arm that administers programs and performs due diligence on behalf of the MSF.
Tuesday, August 14 2018
St. Johns, MI — Two new world-class dairy processing facilities are expected to dramatically improve the production, profitability and long-term prospects for one of Michigan’s top agricultural products. Glanbia plc, a global nutrition group with a presence in 32 countries, has partnered with Select Milk Producers Inc. and Dairy Farmers of America to form Spartan Michigan LLC, which will develop a new $425 million, 146-acre dairy processing facility in St. Johns, which is expected to create 259 new jobs. The facility will process more than 8-million pounds of milk per day.
Proliant Dairy Michigan is investing up to $85 million in an adjoining facility, which will manufacture whey permeate products and employ 30 to 38 new workers. Construction for both facilities is expected to begin in September and be completed by December 2020.
Collaboration between Start Garden and The Right Place leads to innovative mobile food cart manufacturer expansion in Walker
Thursday, August 17 2017
Veteran-owned MOVE Systems International investing $13 million; adding 27 jobs to expand eco-friendly food cart and electricity pedestal production
Walker, MI — The Right Place, Inc., the Michigan Economic Development Corporation (MEDC), and Start Garden’s venture fund spin-off Wakestream Ventures celebrated its first collaborative effort to bring jobs to the region with the announcement that New York-based mobile food manufacturer Move Systems International (dba MOVE Systems) will invest more than $13 million and add 27 jobs at its Walker production facility.
A special news conference will be held at Rosa Park Circle Aug. 16 in which Right Place, Start Garden, Wakestream Ventures and MEDC officials will discuss this collaboration. MOVE Systems will also demonstrate their innovative products.
Thursday, May 11 2017
Zoetis expanding in Kalamazoo, Portage
Lansing, MI —- A global animal health company is expanding in the Kalamazoo area with support from the Michigan Strategic Fund, the Michigan Economic Development Corporation announced.
Thursday, March 30 2017
Italy-based company opens GR plant; German firm expands in Port Huron
Lansing, MI -- Michigan Strategic Fund approved two grants to international companies that will invest collectively up to $32.5 million and create 150 jobs in the state.
The MSF will provide a $286,000 performance-based grant to Siliconature Corp., and a $496,000 performance-based grant to HP Pelzer Automotive Systems, Inc. Funds are provided through the Michigan Business Development program.
“Selecting the west Michigan site is a strategic decision that puts Siliconature amid an efficient, cost-effective supply chain and proximity to the bulk of its Midwest market,” said Steve Arwood, CEO, Michigan Economic Development Corporation, the state’s chief marketing and business attraction arm that administers programs and performs due diligence on behalf of the MSF.
Tuesday, March 14 2017
MSF approves grant to Huntington Bank; $5.4-million private investment, 60 new jobs into downtown business district
Lansing, MI — In the latest progress toward attracting businesses and employment opportunities to the city of Flint, Huntington Bank will create 60 new jobs and invest nearly $5.4 million in the heart of downtown at its complex on Saginaw Street across from the University of Michigan-Flint campus. The Michigan Strategic Fund (MSF) approved a $450,000 performance-based grant to support the company’s commitment of the capital investment and creation of new jobs at the site.
“These investments by Huntington and the cooperation between the State of Michigan and the City of Flint are great examples of how, by working together, we can create more jobs for Flint residents and help move Flint forward,” said Gov. Rick Snyder.
Friday, February 03 2017
Valeo North America Inc. plans to create 290 jobs as it builds a low-speed test track and new building in Auburn Hills, and also improve its Troy headquarters, the Michigan Economic Development Corp. said Wednesday.
The nearly $5 million project has been awarded a $1 million state performance-based grant. Troy and Auburn Hills also are supporting the project in various ways including with staff time, marketing help and tax abatements, according to the MEDC.
Valeo North America is a subsidiary of Paris-based Valeo SA, an automotive technology supplier that produces clutch and transmission components, electrical components and engine-cooling, wiper, lighting and climate control systems.
The company started in Michigan in the 1980s and also has a facility in Highland Park. It participates in a joint venture with The Piston Group's Detroit Thermal Systems, with a location in Romulus.
The MEDC says Valeo chose Michigan for the development and jobs over competing sites in Ohio, Tennessee, Mississippi and Mexico. It currently has more than 1,000 employees in Michigan.
The Valeo project is among four that the Michigan Strategic Fund approved grants for. The MEDC says those companies are investing $76.8 million and creating 555 jobs in southeast Michigan. Other projects include:
Friday, December 16 2016
Saginaw, MI, part of the Great Lakes Bay Region -- The Michigan Economic Developers Association (MEDA) announced that the Great Lakes Tech Park, located in Saginaw County Michigan’s Thomas Township, has the qualifications needed to be a Michigan Certified Business Park. The Tech Park has the quality standards that make it a unique, first-rate business location.
The Certified Business Park program was established by MEDA and the Michigan Economic Development Corporation. This program was designed to prepare quality business districts for securing business in Michigan. This results-oriented approach has been used to rebuild and revitalize the economic development of communities.
Thursday, October 20 2016
Kalamazoo, MI -- Officials from Western Michigan University and Florida Southwestern State College will announce an alliance that will allow WMU to offer several high-profile academic programs at FSW’s Charlotte County, Florida campus. The alliance will provide integrated programs based on the community’s need and impact on Charlotte County’s economic development.
Wednesday, August 31 2016
Ortage, MI -- Global pharmaceutical giant Pfizer Inc. has taken the next step in its proposed $146 million expansion to its manufacturing facility in Southwest Michigan.
The Portage City Council last week granted the drug manufacturer a $14.5 million tax abatement that the company will use for its Act-O-Vial Work Center and Building 41 North Warehouse projects, according to city documents.
Pfizer will invest approximately $105.5 million in the Act-O-Vial Work Center, which will house new freeze dryers and other automated equipment. The company will invest another $41 million in its 98,000-square-foot North Warehouse project, which it will use to store raw materials.
Monday, July 18 2016
Lansing, MI -- Denso Manufacturing Michigan Inc., a manufacturer of automotive air conditioning and engine cooling systems, is expanding in Battle Creek.
The company plans to add new manufacturing capabilities at its Battle Creek facility to support additional sales with its North American customers, investing more than $37 million and creating 125 jobs, it said Wednesday.
The project was been awarded a $687,500 Michigan Business Development Program performance-based grant. The city of Battle Creek and/or Battle Creek Unlimited will support the project through training and relocation assistance, the Michigan Economic Development Corp. said Wednesday.
Wednesday, June 08 2016
Laird more than doubling operations near Original Equipment Manufacturers in Michigan
Detroit, MI -- Global technology leader Laird announces a major expansion and relocation project for its vehicle connectivity research and design center near Detroit, Michigan.
Laird will relocate its engineering, research and design center from Holly, Michigan to a 14.5 acre site in an industrial park in Grand Blanc, Michigan a few miles down the road. A new building at that location will have more than 43,000 square feet with the ability to add an additional 20,000 square feet in the future. This new building doubles the size of Laird’s current, 22,000 sq. ft. facility.
Monday, June 06 2016
Global automotive manufacturing company is seeking employees for new state-of-the-art manufacturing facility in middle Tennessee
Detroit, MI -- Ficosa North America, a branch of the global automotive technology manufacturing company Ficosa International, is now hiring hundreds of employees from a variety of skill levels and educational backgrounds for their new 270,000 square foot automotive manufacturing facility in Cookeville, Tennessee, which is about 80 miles east of Nashville.
“We’re looking to fill positions practically from top to bottom,” said Fred Zicard, vice president of Ficosa North America. “From production and project managers, technicians and engineers, to human resource specialists and assembly and warehouse workers. There are a lot of opportunities for anyone who has the skills and desire to be a part of building the car of the future. Some of our more successful employees even get the opportunity to live and work in other countries.”
Monday, January 11 2016
Automotive performance track to be launched under iconic Champion® auto parts brand through new sponsorship agreement
Tuesday, October 27 2015
Designation Reflects Presence of Fiber-Based, High-Speed Internet
The AT&T Fiber Ready designation helps economic development leaders more effectively position their communities for site selection by emphasizing the availability of high-speed, fiber-based services.
SelectUSA Investment Summit Pays Immediate Dividends as Oakland County Attracts Two International Companies
Wednesday, May 13 2015
Waterford, Michigan -- Two international manufacturers who met with Oakland County economic developers at the SelectUSA Investment Summit in Washington D.C. confirmed they will establish business locations in Oakland County.
The announcements come little more than a month after the companies – APAG Elektronik AG and Promac – met with the Oakland County business development team. Within a week of meeting with the Oakland County team, company representatives were in Oakland County in search of potential sites.
“These companies have seen what a thousand others who came before them saw – that Oakland County is the best market for international investment,” Patterson said. “We are proud of the business climate we’ve created for international companies and the infrastructure available to support their business. We welcome these two fine companies to Oakland County.”
Friday, January 30 2015
Kalamazoo, MI -- Stryker Corporation, one of the world’s leading medical technology companies, today announced the grand opening of the Company’s European Regional Headquarters, located in Amsterdam, Netherlands. The Regional Headquarters will support the growth of Stryker’s global business, foster collaboration and leverage the Company’s resources. The new facility serves to strengthen Stryker’s already strong presence in Europe by locating leaders in a central space to increase collaboration and communication while achieving greater operational and resource efficiencies.