Tipping Point Solutions Expands Operations in Sault Ste. Marie, Michigan
03/13/2020
“Tipping Point Solutions’ decision to establish a production facility in Sault Saint Marie was based on our strong belief that sourcing and developing talent in Northern Michigan will provide quality career opportunities for residents in the area while also supporting the company’s anticipated growth in the coming years,” said Tipping Point Solutions President and CEO Rick Schmidt. “Based on our experience operating in areas of the country such as Colorado, Virginia and Arizona, we believe our presence in Northern Michigan has the ability create measurable professional and economic impact on the local workforce and the surrounding community. We are greatly appreciative to the Sault Tribe and the Michigan Economic Development Corporation for their ongoing support and interest in our success in the Sault.”
The Michigan Strategic Fund today awarded the company a $75,000 Michigan Micro Business Development Program performance-based grant in support of the project. The city of Sault Ste. Marie is a Michigan Main Street Community and is engaged with the MEDC’s Redevelopment Ready Communities program. The Sault Ste. Marie Tribe of Chippewa Indians has offered talent recruitment assistance to the company to help find candidates for the newly created positions.
Headquartered in Denver, the company is a Native American Disadvantaged 8(a) and Service-Disabled Veteran Owned Small Business firm focused on delivering instructional design, film/media production and technology development solutions. The company has recently been awarded two large-scale military contracts and needs to hire additional employees. Tipping Point plans to expand its operations in downtown Sault Ste. Marie and will lease additional space, invest in new equipment and make improvements to the facility.
According to state officials, the project is expected to generate a private investment of $157,500 and create nine new, high- paying tech jobs. The company plans to provide intensive training and skills development to the new employees and anticipates providing mentorship and training to other organizations in the area.
“Tipping Point Solutions’ expansion in Sault Ste. Marie will help catalyze long-term job growth for area residents and demonstrate the company’s strong commitment to the community,” said Michigan Economic Development Corporation CEO Jeff Mason today during a visit to the company’s Sault Ste. Marie location. “We’re pleased to work with the Sault Ste. Marie Tribe of Chippewa Indians Economic Development Corporation and our local partners to bring these excellent, high-paying jobs to the area, and look forward to working with the company as it continues to grow in Michigan.”
Project Announcements
Certus Medical Expands Ingham County, Michigan, Operations
04/16/2024
Kalmbach Feeds Expands Wyandot County, Ohio, Operations
04/16/2024
Germany-Based Tesa Tape Relocates-Establishes Grand Rapids, Michigan, Headquarters
04/15/2024
FUJIFILM Diosynth Biotechnologies Expands Holly Springs, North Carolina, Operations
04/15/2024
Two Rivers Lumber Plans Coosa County, Alabama, Sawmill Operations
04/15/2024
Protomet Corporation Plans Rockwood, Tennessee, Operations
04/15/2024
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
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024