LANSING – Three business expansions – which combined will generate more than $21 million in capital investment and create 123 jobs around the state – have received Michigan Strategic Fund approval for support, the Michigan Economic Development Corp. announced.
* Laird Receptec Corp., which does business as Laird Technologies, plans to build a new plant in Grand Blanc Township to consolidate existing operations and provide more room for expanding design, engineering, research and development services. The project is expected to be a $14.4 million investment and create 60 jobs. That resulted in a $550,000 Michigan Business Development Program performance-based grant. Michigan was chosen over a competing site in Ohio. Grand Blanc Township is offering a property tax abatement for the project. Laird offers vehicle connectivity products, including wireless charging, USB interfaces, antenna couplings, and telematics control units, as well as software and services. The parent company, London-based Laird PLC, employs more than 9,000 people in 50 plants across 19 countries, serving the transportation, medical, telecommunications, computing and mobile device industries. For career opportunities with Laird, visit http://www.lairdtech.com/careers.
* Unique Instruments, a subsidiary of Orchid Solutions LLC, plans new production lines at its plant in Bridgeport Township to manufacture cutting instruments used in surgery. The project is expected to generate $5 million in new investment and create 30 jobs, resulting in a $105,000 Michigan Business Development Program performance-based grant. Michigan was chosen over a competing site in California. In addition to assistance from the MEDC, Saginaw Future is working with Bridgeport Township and the company to explore infrastructure improvements and seeking training support. For more information about careers with Unique Instruments, visit http://www.orchid-ortho.com/open-opportunities.
* DSM Engineering Plastics, a subsidiary of Netherlands-based Royal DSM, plans to expand its headquarters in Troy and establish an engineering and applications development center. The project will be a capital investment of $2.4 million and create 33 jobs. That resulted in a $250,000 Michigan Business Development Program performance-based grant. DSM supplies thermoplastic parts for a variety of industries. Michigan was chosen over a competing site in Indiana. The city of Troy is supporting the project with Troy Community Center memberships and/or other marketing and promotional assistance. For information about careers with DSM, visit http://www.dsm.com/corporate/careers.html.
For more on the MEDC and its initiatives, visit michiganbusiness.org. For Michigan travel news, updates and information, visit michigan.org. Michigan residents interested in seeking employment with any of Michigan’s growing companies should check mitalent.org, where more than 96,000 jobs are currently available in a variety of industries.