Nearly 168 jobs and $20 million in investments are coming to Michigan due to the Michigan Strategic Fund announced the Michigan Economic Development Corporation recently.
“The decision by these companies to expand in Michigan demonstrates our state’s greatly improved and diverse business climate,” said MEDC Chief Executive Officer Steve Arwood. “We’re pleased to support these projects, which will mean more jobs and greater economic opportunities for people around Michigan.”
Byrne Electrical Specialists Inc., Global Tooling Systems LLC and Hearthside Food Solutions LLC are the three projects that the Fund approved.
Read more about the three companies below:
Byrne Electrical Specialists Inc.,
Byrne Electrical Specialists Inc., headquartered in Rockford, is a manufacturer and supplier of power and data distribution solutions for offices, homes, hotels, and hospitals. The company, in partnership with property investors Pickle Dock LLC, plans to construct a new manufacturing facility in the village of Lakeview which will expand its manufacturing and office space. The project investment by Byrne of $250,000, coupled with a $500,000 investment by Pickle Dock LLC, will create 32 jobs, resulting in a $160,000 Michigan Business Development Program performance-based grant.
Global Tooling Systems LLC
Global Tooling Systems, LLC, established in 1995, is a key supplier of aerospace assembly tools for the manufacture of aerospace structures and also supplies the automotive industry with complex automation tooling designs. The company is owned by AIP Aerospace, which has locations across the United States and Europe. The company plans to build-out its 42-000 square foot office and manufacturing facility in Macomb Township, investing more than $3.6 million and creating 70 jobs. As a result, the company has been awarded a $475,000 Michigan Business Development Program performance-based grant. Michigan was chosen over a competing site in South Carolina. Macomb Township has offered support to the project in the form of a property tax abatement. For information on careers with Global Tooling Systems, visit https://aipaerospace.com/careers
Hearthside Food Solutions LLC
Hearthside Food Solutions, LLC is the nation’s largest privately held bakery and full-service contract manufacturer of high quality, grain-based food and snack products for some of the world’s leading brands. The company currently operates 19 manufacturing plants in seven states. The company plans to expand its facility in the city of Kentwood, investing nearly $16.2 million and creating 66 jobs. As a result of the expansion, the company has been awarded a $300,000 MBDP performance-based grant. In May, MSF awarded Hearthside a $450,000 MBDP performance-based grant for the creation of 91 jobs and capital investment of $10.7 million in Kentwood. Michigan was chosen over competing sites in Illinois, Indiana and Ohio. Individuals interested in careers with Hearthside Food Solutions should visit www.hearthsidefoods.com/careers.