Business Expansions, Community Improvement Project to Generate $58.4M in Michigan

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Five business expansions and one community revitalization project received approval Wednesday from the Michigan Strategic Fund. The projects are expected to generate $58.4 million and create 480 jobs in the state.

β€œWe’re working to spark business growth, revitalize communities, and create more and better jobs for our residents,” says Steve Arwood, CEO of Michigan Economic Development Corp. β€œThese investments demonstrate Michigan’s improving economy and the success of our strategy to help growing companies generate new job opportunities.”

Dorel Home Furnishings, a subsidiary of Dorel Industries, is a manufacturer of ready-to-assemble furniture that is sold to major retailers. The company has plans to expand its facility in Dowagiac, a city on the western side of the state. The project is expected to produce $2 million and create 87 jobs. The Michigan Business Development Program has awarded Dorel a $348,000 performance-based grant.

Headquartered in Urbana, Illinois, Flex N Gate Shelby is a supplier of bumpers, exterior trim, lighting, and other OEM automotive products. The company plans to lease space in a build-to-suit facility in Shelby Township, investing $11 million and creating 242 jobs. As a result, Flex N Gate Shelby has received a $900,00 MBDP performance-based grant.

Humanetics Innovative Solutions has plans to outgrow its two metro Detroit locations, and is expected to consolidate into a new facility in Farmington Hills. With a $350,000 grant, the safety test equipment manufacturing company will generate a capital investment of $14.2 million and create 52 jobs.

NxGen MDx is a clinical molecular diagnostics laboratory that delivers accurate genetic screening detection rates located in Grand Rapids.Β  The company plans to expand into a new building, investing $2.9 million and producing 37 jobs. The MBDP has awarded NxGen MDx a $250,000 grant for its new development.