LANSING — The Michigan Economic Development Corp. announced that two companies were approved for incentives by the Michigan Strategic Fund to support their expansions in Southeast Michigan. The projects are expected to generate more than $9.3 million in investments and create 190 new jobs.
The projects were as follows:
* Sanctus LLC, which does business as Shift Digital, won a $465,000 Michigan Business Development Program grant to support an expansion in downtown Birmingham. The project will involve the invsetment of $2.3 million and the creation of 93 new jobs. Sanctus is a digital marketing and technology company that serves automotive clients. Michigan was chosen over a competing site in California. The city of Birmingham has offered support to the project in the form of a recruitment venue for an event related to the project.
* TI Automotive won a $500,000 Michigan Business Development Program to support a new corporate office in Auburn Hills, which represents an investment of more than $7 million and the creation of 97 new jobs. TI is based in Oxford, England, and is a supplier of automotive fluid storage, carrying and delivery technology. The company traces its Michigan heritage back to the Bundy Corp., which was founded in 1922 to provide fuel lines to the Ford Model T. The company has several locations in Michigan, including a technical center for fluid systems technology in Auburn Hills, along with manufacturing operations in Caro, Cass City, Hillsdale, Marysville and New Haven. For the latest project, Auburn Hills has offered support to the project in the form of a property tax abatement. Individuals interested in career opportunities with TI Automotive should visit http://www.tiautomotive.com.
For more on the MEDC and its initiatives, visit michiganbusiness.org. Michigan residents interested in seeking employment with any of Michigan’s growing companies should check mitalent.org, where more than 95,000 jobs are currently available in a variety of industries.