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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.

  • Shepherd Caster Corporation – Performance Based Grant
    • Approval Date:   July 07, 2015
      Location:   St Joseph
      Project Investment:   Up to $1.55 million
      Projected Jobs:   50
      Projected Award Amount:   Up to $350,000
    ZF North America, Inc. – Performance Based Grant
    • Approval Date:   June 23, 2015
      Location:   Northville
      Project Investment:   Up to $71.20 million
      Projected Jobs:   606
      Projected Award Amount:   Up to $4.00 million
    Spirit Airlines, Inc. – Performance Based Grant
    • Approval Date:   June 23, 2015
      Location:   Romulus
      Project Investment:   Up to $31.71 million
      Projected Jobs:   84
      Projected Award Amount:   Up to $1.00 million
    Mico Industries – Performance Based Grant
    • Approval Date:   June 19, 2015
      Location:   Kentwood
      Project Investment:   Up to $8.19 million
      Projected Jobs:   81
      Projected Award Amount:   Up to $350,000
    Agape Plastics, Inc. – Performance Based Grant
    • Approval Date:   June 19, 2015
      Location:   Grand Rapids
      Project Investment:   Up to $14.72 million
      Projected Jobs:   54
      Projected Award Amount:   Up to $300,000
    Ferrous CAL Co. – Performance Based Other Economic Assistance
    • Approval Date:   June 08, 2015
      Location:   Gibraltar
      Project Investment:   Up to $50.20 million
      Projected Jobs:   100
      Projected Award Amount:   Up to $6.00 million
    Marada Industries Inc. dba Cosma Body Assembly Michigan - Lyon Twp – Performance Based Grant
    • Approval Date:   June 08, 2015
      Location:   New Hudson
      Project Investment:   Up to $56.09 million
      Projected Jobs:   250
      Projected Award Amount:   Up to $1.44 million
    Michigan Brand – Performance Based Grant
    • Approval Date:   June 04, 2015
      Location:   Frankenmuth
      Project Investment:   Up to $4.78 million
      Projected Jobs:   94
      Projected Award Amount:   Up to $250,000
    Hearthside Food Solutions – Performance Based Grant
    • Approval Date:   May 06, 2015
      Location:   Kentwood
      Project Investment:   Up to $10.70 million
      Projected Jobs:   91
      Projected Award Amount:   Up to $450,000
    Harloff Manufacturing Company – Performance Based Grant
    • Approval Date:   May 04, 2015
      Location:   Paw Paw
      Project Investment:   Up to $920,250
      Projected Jobs:   25
      Projected Award Amount:   Up to $103,000
    Sakthi Auto Group USA – Performance Based Grant
    • Approval Date:   April 28, 2015
      Location:   Detroit
      Project Investment:   Up to $31.86 million
      Projected Jobs:   350
      Projected Award Amount:   Up to $3.50 million
    Atomic Object, LLC – Performance Based Grant
    • Approval Date:   April 13, 2015
      Location:   Grand Rapids
      Project Investment:   Up to $2.94 million
      Projected Jobs:   33
      Projected Award Amount:   Up to $250,000
    Plasan North America – Performance Based Grant
    • Approval Date:   March 30, 2015
      Location:   Walker
      Project Investment:   Up to $12.33 million
      Projected Jobs:   121
      Projected Award Amount:   Up to $850,000
    Emhart Teknologies – Performance Based Grant
    • Approval Date:   March 27, 2015
      Location:   Chesterfield
      Project Investment:   Up to $32.87 million
      Projected Jobs:   83
      Projected Award Amount:   Up to $350,000
    Daimler AG, Plant Detroit Diesel – Performance Based Grant
    • Approval Date:   March 24, 2015
      Location:   Detroit
      Project Investment:   Up to $208.00 million
      Projected Jobs:   245
      Projected Award Amount:   Up to $1.30 million
    Superior Industries International Inc. – Performance Based Grant
    • Approval Date:   March 16, 2015
      Location:   Southfield
      Project Investment:   Up to $2.52 million
      Projected Jobs:   75
      Projected Award Amount:   Up to $900,000
    KUKA Systems North America LLC – Performance Based Grant
    • Approval Date:   March 03, 2015
      Location:   Clinton Township
      Project Investment:   Up to $14.40 million
      Projected Jobs:   116
      Projected Award Amount:   Up to $900,000
    Denso Manufacturing Michigan, Inc. – Performance Based Grant
    • Approval Date:   February 26, 2015
      Location:   Battle Creek
      Project Investment:   Up to $56.64 million
      Projected Jobs:   100
      Projected Award Amount:   Up to $640,000
    Gentherm Incorporated – Performance Based Grant
    • Approval Date:   February 19, 2015
      Location:   Farmington Hills
      Project Investment:   Up to $8.44 million
      Projected Jobs:   175
      Projected Award Amount:   Up to $750,000
    Sensient Flavors – Performance Based Grant
    • Approval Date:   February 11, 2015
      Location:   Harbor Beach
      Project Investment:   Up to $31.85 million
      Projected Jobs:   28
      Projected Award Amount:   Up to $150,000