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Michigan Business Development Program Projects

  • The following projects have been approved by the Michigan Strategic Fund. MBDP Incentive Funds are not disbursed until designated milestones are achieved. This report was last updated on June 17, 2015.

    View previous fiscal year archived reports of projects approved by the Michigan Strategic Fund.

  • DAVID Corporation – Performance Based Grant
    • Approval Date:   December 05, 2014
      Location:   Livonia
      Project Investment:   Up to $418,180
      Projected Jobs:   26
      Projected Award Amount:   Up to $150,000
    Howmet Corporation - dba Arconic – Performance Based Grant
    • Approval Date:   November 26, 2014
      Location:   Whitehall
      Project Investment:   Up to $16.73 million
      Projected Jobs:   25
      Projected Award Amount:   Up to $285,000
    Founders Brewing Company – Performance Based Grant
    • Approval Date:   November 25, 2014
      Location:   Grand Rapids
      Project Investment:   Up to $40.40 million
      Projected Jobs:   72
      Projected Award Amount:   Up to $250,000
    TG Fluid Systems USA Corporation – Performance Based Grant
    • Approval Date:   November 21, 2014
      Location:   Brighton
      Project Investment:   Up to $12.93 million
      Projected Jobs:   36
      Projected Award Amount:   Up to $150,000
    Shanghai SIIC Automotive Electric Company STEC – Performance Based Grant
    • Approval Date:   November 05, 2014
      Location:   Madison Heights
      Project Investment:   Up to $15.10 million
      Projected Jobs:   176
      Projected Award Amount:   Up to $700,000
    Mobis North America, LLC – Performance Based Grant
    • Approval Date:   October 28, 2014
      Location:   Plymouth
      Project Investment:   Up to $26.57 million
      Projected Jobs:   75
      Projected Award Amount:   Up to $750,000
    Greenfield Die & Manufacturing Corp. – Performance Based Grant
    • Approval Date:   October 28, 2014
      Location:   Plymouth
      Project Investment:   Up to $42.97 million
      Projected Jobs:   154
      Projected Award Amount:   Up to $2.00 million
    Thomson Reuters (Tax & Accounting) Inc. – Performance Based Grant
    • Approval Date:   October 28, 2014
      Location:   Saline (Pittsfield Township)
      Project Investment:   Up to $19.87 million
      Projected Jobs:   300
      Projected Award Amount:   Up to $2.40 million
    Magna International of America, Mimco Inc. – Performance Based Grant
    • Approval Date:   October 28, 2014
      Location:   Plymouth Township
      Project Investment:   Up to $59.23 million
      Projected Jobs:   175
      Projected Award Amount:   Up to $1.13 million
    Lippert Components Manufacturing, Inc – Performance Based Grant
    • Approval Date:   October 16, 2014
      Location:   Sterling Heights
      Project Investment:   Up to $1.67 million
      Projected Jobs:   102
      Projected Award Amount:   Up to $200,000
    L&W Engineering – Performance Based Grant
    • Approval Date:   October 09, 2014
      Location:   Detroit
      Project Investment:   Up to $10.10 million
      Projected Jobs:   100
      Projected Award Amount:   Up to $300,000
    Summit Polymers, Inc. – Performance Based Grant
    • Approval Date:   October 09, 2014
      Location:   Vicksburg
      Project Investment:   Up to $7.29 million
      Projected Jobs:   198
      Projected Award Amount:   Up to $800,000
    SL America Corporation – Performance Based Grant
    • Approval Date:   October 06, 2014
      Location:   Auburn Hills
      Project Investment:   Up to $8.01 million
      Projected Jobs:   72
      Projected Award Amount:   Up to $615,000