State Aid OK’d for Business Projects Investing $14M, Adding 211 Jobs

LANSING — Two business expansions – which combined will generate over $14 million in capital investment and create 211 jobs – have received Michigan Strategic Fund approval for support, officials of the Michigan Economic Development Corp. announced.

TecNiq Inc. received a $540,000 Michigan Business Development Program performance-based grant to support a $6.6 million new plant in Kalamazoo County’s Comstock Township that will create 120 new jobs. TecNiq was founded in 2004 by engineers Jeff Condon and Mark Pruss, designs and manufactures energy-efficient LED lighting for fleet vehicles, construction trailers, emergency response vehicles, boats, recreational vehicles, and more. Michigan was chosen over a competing site in Indiana. Comstock Township has offered support to the project in the form of property tax abatement.

Taylor-based Logos Logistics Inc. received a $300,000 Michigan business Development Program performance-based grant to support an $8 million warehouse expansion and new headquarters in Romulus.  Michigan was chosen over competing sites in Alabama, Georgia and Tennessee. VantagePort Detroit Region Aerotropolis is supporting the project with a property tax abatement. For career opportunities with Logos Logistics, visit http://www.logoslogisticsinc.com.

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 100,000 jobs are currently available in a variety of industries.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s