Medical Device Manufacturer, Firstronic, Invests $2.45 Million To Renovate Its Grand Rapids, Michigan, Plant
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."
Beam Therapeutics Selects Research Triangle Park, North Carolina, for Research and Production Campus
2019 Leading Metro Locations: Pacific and South-Atlantic Metros Dominate the List
Site Selection 2020: The Importance of “Regional Depth” with Global Reach
How are Uncertain Times Altering Company Location Strategies?
2019 Top States for Doing Business: Georgia Ranks #1 Sixth Year in a Row
A Heightened Focus on Reshoring
34th Annual Corporate Survey & the 16th Annual Consultants Survey