LANSING—Packaging materials supplier ITB Packaging has received a $365,000 Michigan Business Development Program performance-based grant to support a $3.5 million expansion in Holland that is expected to create 65 new jobs, the Michigan Economic Development Corp. announced.
MEDC officials said Michigan was chosen for the expansion over a competing site in Mexico.
Founded in 2011, ITB Packaging produces patented packaging materials largely used in North American auto markets. The products include totes, stacked plastic bins and bulk bins used for shipping auto parts. The company continues to experience significant growth and plans to purchase new custom equipment to accommodate the increased demand for its projects.
ITB has identified a building for lease in Holland which would allow them to operate out of two locations and eventually expand further at the new site.
Lakeshore Advantage, the economic development agency for the Holland area, has offered staff time and resources in support of the project. West Michigan Works is supporting the project with more than $546,000 in staff time, incumbent worker training grants and on the job training.
For more on the MEDC and its initiatives and programs, visit www.michiganbusiness.org.