LANSING – Two business expansions that will generate a total of $4.1 million in private investment and create 89 jobs in Michigan have received support from the Michigan Strategic Fund, the Michigan Economic Development Corp. announced.
Andronaco Inc. received a $320,000 Michigan Business Development Program performance-based grant to support a $3.3 million project to buy and renovate an existing building in Kentwood for an expansion of its business that is expected to create 64 jobs. Andronaco, founded in 1004 in Kentwood, specializes in composites, valve systems, engineered products and specialty systems for the pharmaceutical, chemical, steel, wastewater, and energy markets. The company recently acquired Conley Composites, a fiberglass pipe manufacturer in Tulsa, Okla., and is relocating those operations to Michigan. Michigan was chosen for the expansion over the site in Oklahoma. The city of Kentwood has offered a 50-percent property tax abatement in support of the project. For information on careers with Andronaco, visit https://www.andronaco.com/careers.
Emabond Solutions LLC received a $153,000 Michigan Business Development Program performance-based grant to support an $842,000 relocation of its operations and headquarters to Auburn Hills that is expected to create 25 jobs. Emabond, founded in 1968 and currently headquartered in Norwood, N.J., is a plastic bonding specialist with expertise in compounding and formulating specialty materials required for high performance plastic welding. Michigan was chosen over the company’s current facility in New Jersey. The city of Auburn Hills plans to support the project with congratulatory messages on billboards as well as offer staff time and resources. Individuals interested in careers with Emabond should visit www.emabond.com.
For more about the MEDC and its initiatives, visit www.MichiganBusiness.org.