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Tag: Michigan Business Development Program

Economic Development

Business, community projects get state aid through MSF, MEDC

LANSING—The final meeting of 2020 for the Michigan Strategic Fund board saw approval of projects that will result in the investment of $80.7 million into businesses and communities around the …

Economic Development / Electric Vehicles

Ohio electric truck maker picks Michigan for R&D center

LANSING—Michigan continues to claim its position as the automotive capital of the world with the announcement from Ohio-based Lordstown Motors Corp. on plans to establish an automotive research and development …

Brownfield Redevelopment / Coronavirus / Economic Development / Manufacturing

State support OKd for business expansions, community revitalization

LANSING–The Michigan Strategic Fund board has approved new economic assistance for small businesses, community revitalization projects and a business expansion that signals a strong beginning for economic recovery in Michigan, …

Defense Technology / Economic Development / Workforce Development

Native American media business to expand in Sault Ste. Marie with state aid

LANSING—tipping Point Solutions Inc., a Sault Tribe business member and defense industry supplier, is expanding its operations in Sault Ste. Marie with support from the Michigan Strategic Fund, the Michigan …

Aviation Industry / Economic Development

Helicopter services provider expansion gets state aid

LANSING—Construction Helicopters Inc., which does business as CHI Aviation, has received a $400,000 Michigan Business Development Program performance-based grant to support a $4.55 million expansion of its operations in Livingston …

E-Commerce / Economic Development / Online Shopping

Wayfair to bring 500+ jobs to Lansing area

LANSING–Wayfair, the Boston-based online store for home furnishings and décor, announced it would establish a customer service center in Meridian Township, which the company says will create 500 full time …

Economic Development / Fintech

Lansing insurer gets state aid for expansion

LANSING—The Michigan Farm Bureau Family of Cos. Has received a $241,500 Michigan Business Development Program performance-based grant to support a $6.8 million prouect to upgrade its existing headquarters. Included in …

Economic Development / Packaging Industry

Packaging firm gets state grant for expansion

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 …

Economic Development / Manufacturing

Production Tool to establish HQ in Novi

LANSING–Production Tool Supply Co., a supplier and distributor of industrial tools, is establishing a new headquarters and fulfillment center in the city of Novi, the Michigan Economic Development Corp. announced. The …

Automation / Economic Development / IT Services / Online Marketing

Two business expansion projects get state aid

LANSING—Two projects expected to generate a total investment of $14.9 million and create 188 jobs in Michigan have received support from the Michigan Strategic Fund, the Michigan Economic Development Corp. …

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