Michigan Economic Development Corp. Funds New Projects, More Jobs


The MEDC has approved grants for two business expansions statewide.

Stock Photo

The Michigan Economic Development Corp. today approved two business expansions and community development projects that are expected to generate $18.5 million in capital investment and create 185 jobs in the state.

“These investments demonstrate Michigan’s improving economy and the success of our strategy to help companies grow and add jobs here,” says Jeff Mason, CEO of the MEDC.

Lansing-based Auto-Owners Insurance Co., has been awarded a $315,000 Michigan Business Development Program performance-based grant after Michigan was chosen over competing sites in other states. Founded in Mount Pleasant in 1916, the company operates in Michigan and 25 other states with 100 branches nationwide.

The company is forecasting growth and expansion over the next three years and plans to expand its technology center in Grand Rapids, investing $897,900 and creating 60 technology jobs.

“Auto-Owners Insurance has grown tremendously in the past year and we expect that upward trend to continue for several years, so it’s imperative that our Grand Rapids technology center grow with the demand,” says Jim Schumacher, senior vice president for information technology at Auto-Owners Insurance.

Merrill Technologies Group, based in Saginaw, was awarded a $408,000 performance-based grant. The company provides engineering design, machining, fabricating, and integration manufacturing services and operates locations in Michigan and Indiana. The company plans to expand existing facilities in Saginaw and Alma after receiving a contract to manufacture and paint high-speed rail car shells.

The company is expected to generate an investment of $3.75 million and create 102 jobs. Greater Detroit Development Inc. has offered to assist with finding candidates for new positions and permit coordination. More information on career opportunities can be found here.

The MEDC also announced the Baltimore Station Project also plans to rehabilitate two vacant buildings along Woodward Avenue in Midtown Detroit into a three story mixed-use structure with residential, retail, and restaurant space. The project is the first phase of a larger, 150-unit residential development project slated for completion in 2019 and is expected to catalyze community revitalization. The project will generate a total capital investment of more than $7.5 million and create 13 full-time equivalent jobs, resulting in a $750,000 Michigan Community Revitalization Program performance-based grant.

Additionally, TKJ Fenton plans to redevelop a vacant and contaminated site in downtown Fenton, including the construction of a three-story mixed-use building with commercial or retail space on the first floor. The second floor will be occupied by Raymond James Wealth Management and The Horizon Group Financial Advisors, and the third floor will be home to Sierra Automotive. The project is expected to generate a capital investment of $6.3 million and create 10 full-time jobs, and has been awarded a $543,743 performance-based grant . 

Edit Module
Edit Module Edit Module
Edit ModuleShow Tags

Related Articles

Largest 3-D Printing Event in North America Returns to Detroit

The world’s leading additive manufacturing companies are expected to attend RAPID + TCT, one of the largest 3-D printing events in North America, when it returns to Detroit next year.

Wixom’s J & B Medical Supply Bolsters Telemedicine Business with Purchase of Sylaps Video Conferencing App

J & B Medical Supply of Wixom has acquired majority ownership of Sylaps Inc.’s free video conferencing service web app that provides video or audio calls, chat, and file sharing between individuals or groups. The investment will bolster its HNC telemedicine enterprise, which provides virtual medical care to patients globally. Terms of the agreement were not released.

DTE Energy Foundation Commits $500K to Motown Museum Expansion

Detroit’s Motown Museum officials today announced the DTE Energy Foundation has dedicated a $500,000 grant toward the museum’s expansion.

Detroit’s Henry Ford Health System to Combat Social Barriers on Health Care

Detroit’s Henry Ford Health System has teamed up with Dearborn’s Ford Smart Mobility and Detroit’s Gleaners Community Food Bank to combat social barriers facing underserved patients in metro Detroit while gathering insight on the effects of these obstacles on health.

DTE Energy Predicts 7.5 Percent Customer Savings on Gas Bills this Winter

DTE Energy natural gas customers can expect to save about $44 or 7.5 percent on their gas bills now through March 2019 compared to the same period last year.
Edit ModuleShow Tags

Most Popular

  1. Revered Cadieux Café on Detroit’s East Side Sold to Restauranteur Paul Howard and Musician John Rutherford
    The owners of the Cadieux Café on Detroit’s east side today announced that they have sold the...
  2. Jackson’s Henry Ford Allegiance Health First in U.S. to use Neuromonitoring System for Spine Surgery
    Henry Ford Allegiance Health in Jackson is the first hospital in the country to use Generation 2...
  3. Ottawa Towers Wins $7.4M Settlement from Pontiac Over Property and Parking Rights
    After more than six years of litigation, the City of Pontiac and the owners of the Ottawa Towers...
  4. Detroit Metro Airport Restrooms Get Smart with New Maintenance Technology
    If you notice that the restrooms at Detroit’s Metropolitan Airport in Romulus are more-tidy...
  5. Dykema’s Bloomfield Hills Office Adds Employee Benefits and Executive Compensation Attorney
    Dykema, a Detroit-based national law firm, has announced the addition of Kenneth J. Sachs to its...
  6. Pontiac’s Haven Names President and CEO
    Haven, an organization in Pontiac that provides comprehensive programs and services for survivors...