LANSING — HTI Cybernetics Inc., a provider of automated and robotic welding systems, is expanding its manufacturing and headquarters operations in Sterling Heights with support from the Michigan Strategic Fund, the Michigan Economic Development Corp. announced.
HTI received a $600,000 Michigan Business Development Fund performance-based grant to support a project with private investment of $20.6 million. The expansion is expected to create 100 jobs over five years. Michigan was chosen for the expansion over competing sites in Mexico and Canada.
The city of Sterling Heights has offered a 50 percent property tax abatement in support of the project. Individuals interested in careers with HTI should visit www.hticyber.com/employment-2/.
The Michigan Economic Development Corp. is the state’s marketing arm and lead advocate for business development, job awareness and community development with the focus on growing Michigan’s economy. For more information on the MEDC and its initiatives, visit www.MichiganBusiness.org.
The MSF also granted the city of Grayling $328,372 in Community Development Block Grant funds for public infrastructure improvements needed for the public river access and canoe launch in downtown Grayling. The city of Grayling participated in and graduated from the Project Rising Tide program in early 2018. As a part of its economic development strategy city residents identified the AuSable River to be a major economic driver in the downtown and surrounding region. A primary barrier for better using this asset was public access to the river itself.
The city turned to its residents for input on the community recreation plan, which led to the decision to create a new public access site and canoe launch within downtown that would further expand the recreational tourism draw for paddlers, fishermen and the general public. The city of Grayling will contribute $124,500 toward the project. The CDBG funds will be used to assist with a new parking lot and will also be used for a new sidewalk, boardwalk, and landscaping at the project site.
Also, the city of Sault Ste. Marie was awarded $485,505 in CDBG funds for the Façade Improvement Project in downtown Sault Ste. Marie. The project will address the exterior rehabilitation of three historically significant buildings – the Cadillac building and Alpha Bar located on Portage Avenue and the Arfstrom Pharmacy on Ashmun Street. The CDBG funds will be used for façade improvements and at least $485,505 will be contributed by the building owners to be used for additional façade work, architectural and engineering, and minor interior improvements.
The Michigan Strategic Fund, in cooperation with MEDC, administers the State of Michigan’s Community Development Block Grant (CDBG) program. CDBG is a federal grant program using funds received from the U.S. Department of Housing and Urban development.
Each year the State of Michigan receives approximately $120 million in federal CDBG funds, of which the State CDBG program receives approximately $30 million to fund various projects around the state. Funds are used to provide grants to eligible counties, cities, villages, and townships, usually with populations under 50,000, for economic development, community development and housing projects.
For information on all MEDC community development programs, visit https://www.miplace.org/.