Muskegon Greenville firms get incentivesw
Manufacturing companies in Muskegon and Greenville, like others in Greater Grand Rapids, also received Michigan Business Development Program incentives from the Michigan Strategic Fund last week to help spur expansion plans and increase employment.
According to the Michigan Economic Development Corp., Huntington Foam LLC in Greenville has received a $340,000 Michigan Business Development Program incentive to expand its existing plant there. Huntington Foam, a custom foam shape molder for the appliance, plumbing, furniture, electronics and automotive industries, is planning to invest up to $2.56 million and create 30 new jobs as a result of the project.
Michigan was chosen over neighboring states that were courting Huntington Foam over the last six months, according to the MEDC. The city of Greenville also has offered support in the form of a 12-year property tax abatement on the project.
Muskegon Castings Corp. received a $540,000 incentive to expand its existing Muskegon operations by establishing a new facility there. The company proposes to invest up to $10 million, ultimately resulting in the creation of 55 new jobs.
Muskegon Castings chose Michigan over a competing site in Indiana, according to the MEDC, and the city of Muskegon has offered support for the project in the form of a 12-year tax abatement.
Muskegon Castings is a member of the Port City Group of companies based in Muskegon. It manufactures aluminum and zinc die castings, does plastic injection molding, and provides tool and die design and production, aluminum recycling and smelting. It also makes LED lighting and assemblies.