Firstronic will invest $2.45 million to renovate its 35,000 square foot manufacturing center in Grand Rapids, Michigan
, adding machinery and equipment with plans to create 110 jobs. The firm plans to hire in positions ranging from engineers to technicians, entry level electronic assembly operators and skilled hand solderers.
Firstronic serves a variety of industries, but it's the company's focus on medical device manufacturing, The Right Place said.
"This expansion will allow us to add both capacity and equipment to keep up with our growing business and customer demand," said John Sammut, Firstronic's CEO. "We are grateful to The Right Place, MEDC and City of Grand Rapids for trusting in our vision and assisting in our growth in Grand Rapids."
As an incentive, Right Place, in collaboration with The Michigan Economic Development Corporation, and the City of Grand Rapids approved a $300,000 Michigan Business Development Program performance-based grant for the manufacturer. In addition, the City of Grand Rapids has offered local tax abatements in support of this project.
"Firstronic's high-tech electronic manufacturing capabilities are an important part of the medical device industry we are developing here in West Michigan," said Birgit Klohs, President and CEO, The Right Place, Inc. "As part of our five-year strategic plan, we are committed to building world-class medical device companies and capabilities in the region."
"This latest expansion project reaffirms The Right Place's commitment to creating high-quality jobs in West Michigan and the vital role they play in the region's long-term economic growth strategy," said Michelle Van Dyke, Regional President, Fifth Third Bank, and Board Chair, The Right Place, Inc. "The collaborative spirit in which they operate with public and private partners is why we are celebrating this win for the Grand Rapids community today."