LANSING — The Michigan Economic Development Corp. announced Michigan Strategic Fund approval of one business expansion and two community revitalization projects in Michigan that will generate $10 million in private investment and create 107 jobs.
The projects were as follows:
Michigan Business Development Program:
SL America Corp., a supplier of exterior lighting, gear shifters, electronics, and pedal modules for the auto industry, is a subsidiary of South Korea-based SL Corp. The company has outgrown its current plant in Sterling Heights and plans to expand into an existing building in Auburn Hills, investing more than $8 million and creating 72 jobs. As a result of the expansion, the project has been awarded a $615,000 Michigan Business Development Program performance-based grant. Michigan was chosen over a competing site in Tennessee. Auburn Hills has offered support to the project in the form of property tax abatement. Individuals interested in employment opportunities with SL America should visit www.sl-america.com.
Community Development Block Grants:
The Village of Cassopolis has been awarded $127,800 in Community Development Block Grant funds to be used toward infrastructure improvements for an expansion at Schwintek Inc. in the village. Schwintek makes automatic bimini tops for boats and is expanding its plant due to increased demand. The expansion will generate a total capital investment of $750,000 and create 10 jobs. The company has agreed that at least six of the jobs will be held by low to moderate income persons. For information on careers with Schwintek Inc., visit www.schwintek.com.
The City of Marquette has been awarded $481,000 in Community Development Block Grant funds for the rehabilitation of the vacant, historic Delft Theater in downtown Marquette. The project will convert the vacant theater into a restaurant and dinner theater. The completed project will include a rooftop deck, a flexible stage for live events, and balcony seating. The CDBG funds will be used for interior and exterior building rehabilitation. The project will generate nearly $1.3 million in private investment and create 25 jobs, with at least 13 of the positions to be held by low to moderate income persons. The Marquette Downtown Development Authority will also contribute $10,000 toward the project.
For more on the MEDC and its initiatives, visit MichiganBusiness.org. For Michigan travel news, updates and information, visit michigan.org. Michigan residents interested in seeking employment with any of Michigan’s growing companies should check mitalent.org, where more than 89,000 jobs are currently available in a variety of industries.