Business expansion projects by Bad Axe-based Gemini Group Inc., and Howell-based Chem-Trend, which together will create nearly $56 million in total investment and 110 jobs in the state, have been approved to receive grants from the Michigan Strategic Fund.
“The successful expansion of these (companies) reflects Michigan’s growing economy and expanding job opportunities for our state’s talented and abundant workforce,” says Steve Arwood, CEO of Michigan Economic Development Corp. “It is further evidence of the positive results of our commitment to help companies grow and add jobs here.”
Gemini Group, a company specializing in injection molding, interior trim manufacturing, precision machining, and production machining, plans to add more production lines in Huron County and construct a new logistics center in Bingham Township.
The project, which will invest up to $48 million and create 85 jobs, has received a $700,000 Michigan Business Development Program performance-based grant, and Bingham Township has offered a property tax abatement to Gemini Group. The company selected Michigan over states in the southern United States.
Chem-Trend, a producer of high-performance release agents, purging compounds, and other molding products, plans to expand its R&D facilities at its Howell headquarters, investing nearly $7.7 million and creating 25 professional, scientific, and technical service jobs.
Michigan was chosen over other competing states and countries as the location for the project, and the company has received a $250,000 Michigan Business Development Program performance-based grant.
Howell has also offered a property tax abatement to Chem-Trend, and Ann Arbor SPARK will provide talent and related services as the company grows in the region.