Two Firms Invests $28.6 Million To Create 112 Jobs In Bear Creek Township and Farmington Hills, Michigan
12/19/2013
“These expansions in our automotive and IT sectors highlight Michigan’s leadership in making things and making things work better,” said MEDC President and CEO Michael A. Finney. “These projects all mean more jobs and greater economic opportunities for people across Michigan.” The Michigan Strategic Fund approved incentives that are expected to create 112 jobs in the state.
Michigan Economic Development Corporation said the Michigan Strategic Fund approved incentives for the following projects:
Circuit Controls Corporation, a manufacturer of automotive electrical terminals, is a wholly owned subsidiary of Tokyo-based Yazaki Corporation. The company is planning to expand its manufacturing facility in Bear Creek Township to support new business.
The $21.7 million project will result in the creation of 36 jobs. The firm received a Michigan Business Development Program performance-based grant of $180,000. This investment along with the state’s support helps to ensure the long-term viability of the company’s continued expansion in Bear Creek Township. In addition, the township has offered a tax abatement estimated at $719,000.
North American Lighting, Inc., headquartered in Illinois, manufactures automotive lighting equipment. The company plans to lease a larger facility and expand engineering and sales operations in Farmington Hills, Michigan.
The project will generate up to $6.8 million and create a total of 76 new jobs, resulting in a $300,000 Michigan Business Development Program performance-based grant. In addition, the City of Farmington Hills has offered a property tax abatement related to the project.
Project Announcements
Kikkoman Foods Plans Jefferson, Wisconsin, Operations
04/26/2024
BWX Technologies Expands Cambridge, Ontario, Nuclear Production Operations
04/26/2024
Greenheck Group Plans Knoxville, Tennessee, Operations
04/26/2024
Local Bounti Plans Pasco, Washington, Indoor Agricultural Operations
04/26/2024
Innovative Construction Group Plans Siler City, North Carolina, Production Operations
04/26/2024
Crystal Window and Door Systems Plans Mansfield, Texas, Headquarters-Production Operations
04/25/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024