Michigan Strategic Fund Assists Company Expansions in Kentwood and Auburn, Hills
“These projects will lead to new business growth and good jobs for Michigan residents,” said Jeff Mason, CEO, Michigan Economic Development Corporation, the state’s chief marketing and business attraction arm that administers programs and performs due diligence on behalf of the MSF.
“The decision by these two companies to not just expand, but relocate operations and a company headquarters to Michigan underscores our business-friendly environment and talented manufacturing workforce. We’re pleased to work with our local partners to support these investments,” he said.
According to the Michigan Economic Development Corporation;
Andronaco, Inc., a company that specializes in composites, valve systems, engineered products and specialty systems for the pharmaceutical, chemical, steel, wastewater, and energy markets, was recently acquired Conley Composites, a fiberglass pipe manufacturer and is relocating its operations to Michigan.
To accommodate the additional machinery and equipment, Andronaco plans to purchase and renovate an existing building in Kentwood. The project is expected to generate a total private investment of $3.3 million and create 64 jobs, resulting in a $320,000 Michigan Business Development Program performance-based grant. Michigan was chosen for the expansion over the site in Oklahoma. In addition, the city of Kentwood has offered a 50-percent property tax abatement in support of the project.
“The decision to relocate Conley Composites to the same area as our other manufacturing subsidiaries made logistical sense for our company,” said Ron Andronaco, President & CEO of Andronaco Industries, “We are thankful for the guidance and support of The Right Place and the MEDC as we worked through the details of this relocation and expansion process.”
“The City of Kentwood is pleased to partner with Andronaco Industries and the state of Michigan to bring this project to fruition,” said Kentwood Mayor Stephen Kepley. “We are proud to see a world-leading manufacturer like Andronaco Industries continue to thrive and bring new jobs to Kentwood.”
Another firm, Emabond Solutions, a plastic bonding specialist, currently has a facility in Auburn Hills that operates as its technical center. Emabond plans to relocate all of its New Jersey operations including its headquarters to its location in Auburn Hills. The expansion is expected to generate total private investment of $842,000 and create 25 jobs, resulting in a $153,000 Michigan Business Development Program performance-based grant. Michigan was chosen over the company’s current facility in New Jersey.
“We’re excited Emabond Solutions has chosen Auburn Hills as the location for its headquarters,” Oakland County Executive L. Brooks Patterson said. “Emabond Solutions is a global leader in plastic welding technology, which helps its customers design innovative products. I thank the company leadership for its commitment to Auburn Hills and Oakland County.”
“We are honored that Emabond has chosen to relocate their headquarters to Auburn Hills. This new investment will allow Emabond to continue delivering innovative solutions to their customers,” said Auburn Hills Mayor Kevin McDaniel. “We are excited about Emabond’s investment and the additional jobs it will bring to Auburn Hills.”
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