Cascade expands CRE division
Cascade Engineering is expanding its three-year-old Cascade Renewable Energy division, which produces a small wind turbine and solar energy equipment, with a $2.8 million investment that could create up to 24 jobs in Grand Rapids over the next year.
Located at 3400 Innovation Ct. SE in Grand Rapids, Cascade Engineering employs 414 in West Michigan and will add up to 183 jobs over the next five years as a result of the expansion.
The company had considered its facilities in North Carolina and Ohio for the CRE expansion, or a location in Texas. To retain the investment in West Michigan, The Right Place economic development organization worked with the Michigan Economic Development Corp. and Cascade Township to develop an incentive and assistance package that the company accepted. Specifics of the Michigan Economic Growth Authority tax credits and local community incentives were not released.
CRE’s first product to market was the SWIFT small wind turbine. CRE is the manufacturer of the plastic blade assembly for all SWIFT wind turbines made worldwide. It assembles the SWIFT in Grand Rapids and is the exclusive distributor and marketer of it in the United States and Canada.
More recently, CRE added a line of solar photovoltaic products.