The Michigan Strategic Fund has approved support for two business expansions that are expected to generate $80.7 million in total investment and create 89 jobs in the state.
Flex-N-Gate Battle Creek, an Illinois-based OEM supplier specializing in bumpers, exterior trim, lighting, and more, has been awarded a project with an automotive OEM. With most of its Michigan facilities at capacity, Flex-N-Gate has plans to expand its Emmett Township location to add stamping and welding operations for the project, investing $22.3 million and creating 59 jobs.
The company has received a $250,000 performance-based grant from the Michigan Business Development Program, and Emmett Township will also offer a property-tax abatement for the expansion.
New York-based Par Sterile Products, a manufacturer of pharmaceutical products, is planning to expand its Rochester facility in order to accommodate a new line of filling equipment.
The company has received a $350,000 Michigan Business Development Program performance-based grant for the project, which will produce a capital investment of $58.4 million and create 30 jobs. The City of Rochester will support the addition with marketing and promotional assistance and/or use of public facilities.
“The successful expansion of these companies is a testament to Michigan’s growing economy and our state’s talented and abundant workforce,” says Steve Arwood, CEO of Michigan Economic Development Corp., which made the announcement. “The decision by these companies to invest here rather than in other states means well-paying jobs for Michigan residents and offers further evidence of our commitment to helping companies grow and generate new jobs for our residents.”