Michigan Draws $28.6M in New Business Investments

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tA lighting company in Farmington Hills and an automotive supplier in Petoskey will generate up to $28.6 million in new capital investment and bring 112 new jobs to the state, the Michigan Economic Development Corp. announced Thursday.

t“These expansions in our automotive and IT sectors highlight Michigan’s leadership in making (and improving) things,” says Michael A. Finney, president and CEO of the MEDC. “These projects all mean more jobs and greater economic opportunities for people across Michigan.”

tNorth American Lighting Inc., an equipment manufacturer that works with numerous automakers, plans to expand its Technology Research Center in Farmington Hills. The project will generate up to $6.8 million and create 76 jobs.

tMeanwhile, Tokyo-based Circuit Controls Corp., a subsidiary of Yazaki North America in Canton Township, plans to expand its manufacturing facility in Petoskey that produces automotive wire harnesses, instrument clusters, and related components. The project is expected to create 36 jobs and a capital investment of up to $21.7 million.

tBoth projects have been offered property tax abatements from their respective communities.

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