Businesses in Cottrellville Township And Monitor Township, Michigan, Plan Expansion With State Incentive Grants
11/07/2014
“Today’s investments offer further evidence of Michigan’s improving economy and the success of our strategy to help companies grow and add jobs here,” said Michigan Economic Development Corporation President/CEO Michael A. Finney. “These projects mean good jobs and greater economic opportunities for Michigan residents.”
In the Township of Cottrellville, Roll & Engineering Co., a manufacturer roll formed parts mainly for the automotive industry, plans to purchase a facility and expand its production in St. Clair County. The firm will invest nearly $8.6 million and creating 90 jobs.
As a result of the expansion, the project has been awarded a $450,000 Michigan Business Development Program performance-based grant. Michigan was chosen over competing sites in other states.
In Monitor Township, Mando America Corporation, a manufacturer of automotive braking, steering, suspension and chassis controls for major OEMs, will invest up to $13.4 Million to expand its manufacturing center and create 25 jobs. The company has its research, engineer, sales and marketing operations in Monitor Township and the City of Novi.
As a result, the project has been awarded a $200,000 Michigan Business Development Program performance-based grant. Michigan was chosen over competing sites in Alabama and Georgia. Monitor Township has also been supportive of the project.
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