Fontijne Formitt Invests $2.6 Million To Establish Milton Township, Michigan, Manufacturing Center
Area Development Online News Desk (11/08/2013)
Fontijne Formitt will invest $2.6 million to expand its operations and establish a new production line in Milton Township, Michigan, as part of a project expected to generate 31 new jobs.
At its Cass County manufacturing center, the company plans to produce a tubular component for the exhaust of catalytic converters used in gas and diesel engines. “It’s a great day for Milton Township and the surrounding communities,” said Fontijne Formitt, Inc. Vice President of Sales and Marketing Mike Walker. “We look forward to leveraging the excellent employment and vendor base that exists in this area. We are excited to pick Michigan as our home.”
“Michigan leads the nation in manufacturing jobs growth, and the new jobs resulting from Fontijne Formitt’s expansion will keep us moving in the right direction,” said Michigan Economic Development Corporation President and CEO Michael A. Finney. “The company’s decision to invest and add jobs here is a strong statement that Michigan offers one of the nation’s best business climates to growing companies.”
The state’s Economic Development Corporation’s Strategic Fund awarded the firm a $300,000 Michigan Business Development Program performance-based grant. In addition, Milton Township plans to support the project with a 12-year tax abatement at an estimated value of $62,000.