Manufacturers plan 182 jobs and $34.2M expansions in West Michigan
More than 1,000 out of work Michigan residents could soon have jobs.
The state's marketing arm and lead agency for economic growth, the Michigan Economic Development Corporation, announced Thursday the approval of state incentives for five business expansions and four community-improvement projects across the state through the Michigan Strategic Fund.
The move is expected to generate 1,119 new jobs in Michigan and $173 million in new investments.
Two of the five expansions are in West Michigan.
Post Foods is a ready to eat breakfast cereal business that already has manufacturing facilities in Battle Creek, Jonesboro, Ark., Modesto, Calif. and Niagara, Ontario.
The company is looking to turn the Battle Creek facility into the manufacturing headquarters.
The expansion would relocate key company leaders to the Battle Creek facility and shut down the Modesto facility.
Post Foods would invest $30 million into the expansion, expecting to create 90 jobs and garner a $700,000 performance grant from the Michigan Business Development Program.
The city of Battle Creek is showing support for the expansion by offering a property tax abatement.
Holland Charter Township and Olive Township
J.R. Automation Technologies designs and manufactures specialized automated machinery to a global market.
The company is preparing to expand its operations in Holland Charter Township and Olive Township.
J.R. plans to invest up to $4.2 million, creating 92 jobs.
The expansion has won J.R. Automation a $300,000 performance-based grant from the Michigan Business Development Program.
The local townships are showing support in the form of 12 year property tax abatements.