Friday, April 17, 1998
Governor John Engler announced today that the Michigan Jobs Commission has approved a $1,000,000 Renaissance Park Fund Loan to the city of Saline, Washtenaw County, Michigan. The loan will assist in the development of the Philips Industrial Park, located in Saline. The loan, funded through the Michigan Renaissance Fund, will be used for the purchase of property and infrastructure improvements, including the installation of water, sanitary sewer, storm sewer, streets, street lights, and a lift station. The proposed project is expected to create 100 new, full-time jobs. A credit of $10,000 per job created will be given."By creating quality business space, the city of Saline will have the tools it needs to attract more businesses, which will create more jobs for their community," said Governor Engler. "Taking advantage of these funds will help Saline be ready to compete in the global economy of the 21st century." The Michigan Jobs Commission, which administers the Michigan Renaissance Fund, works in partnership with local communities and Michigan businesses to retain and expand job opportunities and improve Michigan's overall business climate.