Midwest Fastener Expands Portage & Decatur, Michigan, Operations
The company recently purchased Hy-ko Products in Northfield, Ohio resulting in the need to expand its office space and distribution operation. To secure the investment, the company has been awarded a $500,000 Michigan Business Development Program performance-based grant. In addition, the city of Portage has offered a 50-percent property tax abatement in support of the project.
“Midwest Fastener Corp. has been blessed with continued growth and again needs to expand our Portage facility and staff to support our growing customer base. We are optimistic about the future and our commitment to the community of Portage is stronger than ever,” said MFC President Andy DeVries. “Midwest sincerely appreciates the support received from the Michigan Business Development Program, Michigan Economic Development Corporation (MEDC), and the city of Portage in the creation of up to 90 new jobs in Portage and Decatur. Without this support, MFC could not have achieved these great successes.”
According to company officials, the project serves as a critical retention and growth opportunity in the state, while continuing to build on Michigan’s growing leadership in professional service fields, including jobs found in company headquarters. The project represents a job creation mix spanning across positions for both headquarter operations as well as skilled and unskilled laborers for its warehouse and distribution center.
“Today’s $10.8 million investment by Midwest Fastener will create jobs and uplift communities in Southwest Michigan,” said Governor Gretchen Whitmer. “This project will help us continue Michigan’s economic jumpstart with 90 good-paying jobs in Portage and Decatur. We will stay laser-focused on expanding economic opportunity for Michiganders across the state by creating jobs, supporting small businesses, and adding vibrancy to downtown areas.”
Founded in 1966 and headquartered in Portage, Midwest Fastener Corp. is a leading manufacturer and distributor of nuts, bolts, anchors, deck and drywall screws and specialty fasteners.
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