LANSING—Governor Whitmer has announced the expansion of four businesses in Kent and Bay counties. These projects, supported by the Michigan Strategic Fund, are predicted to bring about 144 new jobs and generate nearly $72 million in capital investment.
Among the expanding companies are Schrieber Foods, which plans to create 32 new jobs; Celia Corporation, d.b.a. General Formulations, with an expected 52 new jobs; Packaging Compliance Labs, which anticipates 50 new jobs; and Future Technologies, set to add 10 new jobs. The Governor spoke of Michigan’s diverse economic landscape and the importance of these projects in driving the state’s economy.
Michigan Economic Development Corporation (MEDC) Senior Vice President of Regional Development, Matt McCauley, also highlighted the significant impact of the expansion of these four Michigan companies. He pointed to the jobs they will create and the growth they represent as evidence of Michigan’s economic momentum.
Schreiber Foods
Schreiber Foods, a global employee-owned dairy processor, plans to expand in Kent County to meet increasing customer demands. The company’s anticipated investment will also enable the renovation of its existing building space. The project is expected to generate capital investment of $59,367,000 and create 32 new jobs, with support from a $198,000 Michigan Business Development Program performance-based grant.
Celia Corporation
Based in Sparta, Kent County, Celia Corporation plans to expand its capacity to meet demand for its adhesive vinyl film used in advertising signage. The project is estimated to generate $6.9 million dollars in capital investment and create 52 new jobs, with support from a $300,000 Michigan Business Development Program performance-based grant. The new jobs are expected to have an average wage of $26.39 per hour plus benefits.
Packaging Compliance Labs
Packaging Compliance Labs, a growing medical device manufacturing service provider, plans significant workforce expansion at its Grand Rapids area facility. The company intends to invest in specialized training for new test methods, engineering services, and technology competencies. This investment is expected to generate approximately $4.5 million in capital investment and create 50 new jobs, with the support of a $200,000 Michigan Business Development Program performance-based grant.
Future Technologies, Inc.
Future Technologies, Inc., a provider of production leak testing systems and other services, plans to expand its Monitor Township facility. The project is expected to generate a total capital investment of $1 million and create 10 jobs with the support of a $125,000 Micro Michigan Business Development Program performance-based grant. The expansion will enable FTI to keep up with the market as the automotive and mobility industry moves toward environmentally sound transportation.
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This article first appeared on Good Info News Wire and is republished here under a Creative Commons license.
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