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Area Development - Site Selection, Facility Planning and Workforce Development

Even Cut Abrasive Company Expands to Wyoming, Michigan, Facility

01/17/2019
Stone Fox Ventures, a private equity investment firm, will relocate a portion of its recent acquisition, Even Cut Abrasive Company, a manufacturer produces coated and non-woven specialty abrasive products for industrial use, to an expanded facility in Wyoming, Michigan.

According to The Right Place, West Michigan’s leading economic development organization, said the company will invest $3.76 million in equipment and facility to expand product offerings, resulting in the creation of 52 new jobs. The new Wyoming facility will take over the production of two product lines, as well as the expansion of several others.

“We believe the City of Wyoming is a great place to build a company and a community. Not only is the area full of talented individuals who will make fantastic team members, but it also provides a quality of life we believe is important to our business culture,” said Robert Shindorf, Managing Member, Stone Fox Ventures LLC, “The Right Place and their partners at the MEDC have been incredibly helpful as we’ve worked through this process, and we’re grateful for their continued support as we move forward.”

Michigan Economic Development Corporation is supporting the expansion effort with the approval of a $400,000 Michigan Business Development Program performance-based grant. The Right Place also connected the company with workforce development resources at West Michigan Works! to assist with talent attraction and workforce training.

“Stone Fox Ventures’ decision to expand Even Cut Abrasive’s operations into Wyoming is a testament to the economic strength of our region,” said Eric Icard, Senior Business Development Manager and project lead, “West Michigan has always been exceptionally well-suited to support manufacturers, and the addition of Stone Fox Venture’s recent acquisition only strengthens our reputation as a place where manufacturers thrive.”

“We’re thrilled Stone Fox Ventures selected Wyoming as the location for its expansion project,” said Mayor Jack Poll, City of Wyoming, “We look forward to welcoming them to our community and being part of their continued success.”

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