Two state firms have been approved for incentives by the Michigan Strategic Fund to support their expansions in Southeast Michigan. The projects are expected to generate more than $9.3 million in investments and create 190 jobs.
“The decision by these companies to expand in Michigan demonstrates our state’s greatly improved and diverse business climate,” says Steve Arwood, CEO of the Michigan Economic Development Corporation. “We’re pleased to support these projects, which will mean more jobs and greater economic opportunities for people in Southeast Michigan.”
Birmingham-based Sanctus, LLC (DBA Shift Digital), is a digital marketing and technology solutions company that services automotive clients. The company has secured new contracts and plans to expand to new offices in downtown Birmingham. The project will generate a total investment of more than $2 million and will create more than 90 jobs, resulting in a $465,000 Michigan Business Development Program performance-based grant.
TI Automotive in Oxford, England, is a leading global supplier of automotive fluid storage, carrying and delivery technology. The company has leased a new build-to-suit facility that will consolidate its corporate offices in Auburn Hills, investing more than $7 million and creating 97 jobs. As a result, the company has been awarded a $500,000 Michigan Business Development Program performance-based grant.
The city of Auburn Hills has offered support to the project in the form of a property tax abatement.