Governor Jennifer M. Granholm today announced a $400,000 grant to Kochville Township in Saginaw County for public infrastructure improvements needed to support the expansion of Glastender Inc. The project is expected to create 40 new jobs and $7 million in private investment. An MEDC official presented a ceremonial check to township officials today.
The grant is being made available by the Michigan Economic Development Corporation with funds provided by the federal Community Development Block Grant program. The township will use the funding to extend the public water main and provide sanitary sewer improvements to support the manufacturer’s 40,000-square foot expansion.
“Glastender has maintained a successful partnership with Michigan for more than 35 years,” Granholm said. “The company’s continued investment in the state is a testament to the quality of our workforce and the attractiveness of our business climate.”
The Michigan Economic Development Corporation administers the state’s Community Development Block Grant funds received from the U.S. Department of Housing and Urban Development. These funds are used to provide grants and loans to eligible counties, cities, villages and townships—typically those with populations less than 50,000—for economic development, community development and housing projects. Larger communities receive block grant funds directly from the federal government.
“Securing the necessary funding for this project was a collaborative effort between the MEDC, Kochville Township and Saginaw Future,” MEDC President and CEO James C. Epolito said. “This grant will allow Glastender to continue to grow, invest and create good manufacturing jobs in the state.”
An additional $40,000 was donated by Glastender to Kochville Township to help finance the cost of the necessary infrastructure improvements.
“The support of Kochville Township, Saginaw Future, and MEDC has been instrumental in helping us move forward with our expansion plans,” Glastender, Inc. Vice President Todd Hall said. “We look forward to continued growth and providing more jobs for the community.”
There are 1,655 local governments within the state eligible to apply for CDBG funds administered by the MEDC. Projects are approved contingent upon compliance with state and federal requirements.
Michigan-based Glastender was founded in 1969. Family-owned and operated, the company manufactures various restaurant and bar equipment including automated glass washers, modular bar equipment, coolers, sinks and beverage dispensers. Their products are distributed to establishments throughout the United States and internationally. Glastender’s primary customers are casual dining restaurants like Chili’s, TGI Friday’s and Outback Steakhouse.
The Michigan Economic Development Corporation, a partnership between the state and local communities, promotes smart economic growth by developing strategies and providing services to create and retain good jobs and a high quality of life. For more information on MEDC initiatives and programs, visit the Web site at www.MichiganBusiness.org.