Michigan Business Development Program Projects
See the listing of Michigan Business Development Program projects approved by the Michigan Strategic Fund to date.Business Development Programs Report
The Report was last updated on Jun 4, 2026.
ArcelorMittal Tailored Blanks (AMTB) - Performance Based Grant
| Approval Date: | Nov 22, 2016 |
|---|---|
| Location: | Detroit |
| Project Investment: | Up to $83.51 million |
| Projected Jobs: | 150 |
| Projected Award Amount: | Up to $2.18 million |
NxGen MDx LLC - Performance Based Grant
| Approval Date: | Nov 14, 2016 |
|---|---|
| Location: | Grand Rapids |
| Project Investment: | Up to $2.87 million |
| Projected Jobs: | 25 |
| Projected Award Amount: | Up to $150,000 |
ZAGG Inc - Performance Based Grant
| Approval Date: | Nov 8, 2016 |
|---|---|
| Location: | Kalamazoo |
| Project Investment: | Up to $685,000 |
| Projected Jobs: | 65 |
| Projected Award Amount: | Up to $375,000 |
Gestamp North America, Inc. - Performance Based Grant
| Approval Date: | Oct 25, 2016 |
|---|---|
| Location: | Chelsea |
| Project Investment: | Up to $158.60 million |
| Projected Jobs: | 370 |
| Projected Award Amount: | Up to $1.85 million |
Creative Foam Corporation - Performance Based Grant
| Approval Date: | Oct 20, 2016 |
|---|---|
| Location: | Flint |
| Project Investment: | Up to $6.81 million |
| Projected Jobs: | 110 |
| Projected Award Amount: | Up to $125,000 |
Lenderful LLC - Performance Based Grant
| Approval Date: | Oct 19, 2016 |
|---|---|
| Location: | Pontiac |
| Project Investment: | Up to $1.75 million |
| Projected Jobs: | 25 |
| Projected Award Amount: | Up to $100,000 |
Flex-N-Gate Shelby Twp., LLC - Performance Based Grant
| Approval Date: | Oct 19, 2016 |
|---|---|
| Location: | Shelby Township |
| Project Investment: | Up to $11.01 million |
| Projected Jobs: | 242 |
| Projected Award Amount: | Up to $900,000 |
Vickers Engineering, Inc. - Performance Based Grant
| Approval Date: | Oct 10, 2016 |
|---|---|
| Location: | New Troy |
| Project Investment: | Up to $5.10 million |
| Projected Jobs: | 53 |
| Projected Award Amount: | Up to $160,000 |
Flex-N-Gate Battle Creek LLC - Performance Based Grant
| Approval Date: | Sep 29, 2016 |
|---|---|
| Location: | Battle Creek |
| Project Investment: | Up to $22.30 million |
| Projected Jobs: | 59 |
| Projected Award Amount: | Up to $250,000 |
Stellantis - Performance Based Grant
| Approval Date: | Sep 27, 2016 |
|---|---|
| Location: | Sterling Heights |
| Project Investment: | Up to $1,486.44 million |
| Projected Jobs: | 700 |
| Projected Award Amount: | Up to $4.56 million |
Oerlikon Metco USA, Inc. - Performance Based Grant
| Approval Date: | Sep 21, 2016 |
|---|---|
| Location: | Plymouth |
| Project Investment: | Up to $49.70 million |
| Projected Jobs: | 67 |
| Projected Award Amount: | Up to $600,000 |
The Oakwood Group - Performance Based Grant
| Approval Date: | Sep 1, 2016 |
|---|---|
| Location: | Taylor |
| Project Investment: | Up to $5.21 million |
| Projected Jobs: | 53 |
| Projected Award Amount: | Up to $200,000 |
Martinrea International Inc - Performance Based Grant
| Approval Date: | Aug 26, 2016 |
|---|---|
| Location: | Auburn Hills |
| Project Investment: | Up to $5.12 million |
| Projected Jobs: | 60 |
| Projected Award Amount: | Up to $420,000 |
GE Aviation Muskegon - Performance Based Grant
| Approval Date: | Aug 23, 2016 |
|---|---|
| Location: | Muskegon |
| Project Investment: | Up to $14.48 million |
| Projected Jobs: | 100 |
| Projected Award Amount: | Up to $800,000 |
Inteva Products - Performance Based Grant
| Approval Date: | Aug 23, 2016 |
|---|---|
| Location: | Adrian |
| Project Investment: | Up to $23.30 million |
| Projected Jobs: | 127 |
| Projected Award Amount: | Up to $1.27 million |
BorgWarner, Inc. - Performance Based Grant
| Approval Date: | Aug 22, 2016 |
|---|---|
| Location: | Auburn Hills |
| Project Investment: | Up to $15.55 million |
| Projected Jobs: | 76 |
| Projected Award Amount: | Up to $750,000 |
Koops, Incorporated - Performance Based Grant
| Approval Date: | Aug 15, 2016 |
|---|---|
| Location: | Holland |
| Project Investment: | Up to $4.89 million |
| Projected Jobs: | 120 |
| Projected Award Amount: | Up to $720,000 |
National Composites LLC fka Owosso Composite, LLC - Performance Based Grant
| Approval Date: | Jul 21, 2016 |
|---|---|
| Location: | Owosso |
| Project Investment: | Up to $1.40 million |
| Projected Jobs: | 76 |
| Projected Award Amount: | Up to $275,000 |
124 Grand Holdings, DBA Stikwood - Performance Based Grant
| Approval Date: | Jul 15, 2016 |
|---|---|
| Location: | Kentwood |
| Project Investment: | Up to $4.18 million |
| Projected Jobs: | 50 |
| Projected Award Amount: | Up to $273,000 |
Daifuku North America - Performance Based Grant
| Approval Date: | Jul 12, 2016 |
|---|---|
| Location: | Novi |
| Project Investment: | Up to $15.15 million |
| Projected Jobs: | 85 |
| Projected Award Amount: | Up to $700,000 |
The following documents provide more information:
- Michigan Business Development Program Fact Sheet
- Michigan Business Development Program Process Documentation
- Michigan Business Development Program Guidelines Document
- Michigan Business Development Program Application Document
- Michigan Business Development Program Expansion of Program Guidelines for Strategic Business Growth Projects