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Wednesday, December 9, 2015
MEDC announces MSF actions to support the expansion of a metal fabrication company in Fenton
LANSING, Mich. – The Michigan Economic Development Corporation today announced Michigan Strategic Fund actions to support the expansion of a metal fabrication company in Fenton, a project that is expected to generate $9 million in private investment and create 52 jobs.
“The decision of Performance Fabricating to expand in Fenton demonstrates Michigan’s business-friendly environment and talented workforce. It is thanks to many public and private partners that this project is taking place, and we are pleased to support that collaboration,” said MEDC Chief Executive Officer Steve Arwood. “This investment will provide good employment opportunities for Michigan residents and will create a long-term positive impact on the local economy.”
Performance Fabricating, LLC, headquartered in the Charter Township of Fenton, is a primary supplier to automotive, healthcare and institutional customers worldwide, specializing in steel fabrication and robotic welding. The company has outgrown its current facility and plans to construct a new corporate headquarters and manufacturing facility in Fenton, investing more than $9 million and creating 52 jobs. As a result, the company has been awarded a $150,000 Michigan Business Development Program performance-based grant. The township has offered support to the project in the form of property tax abatement. The company plans to work closely with Flint & Genesee Chamber of Commerce to interview structurally unemployed individuals and/or other unskilled high school graduates. Individuals interested in career opportunities with Performance Fabricating should visit http://www.pfabmi.com/careers/.
“The $9 million expansion of Performance Fabricating in Fenton Township represents a strong sign of growth in the area of advanced manufacturing in Genesee County,” said Tim Herman, CEO of the Flint & Genesee Chamber of Commerce. “The new 100,000-square-foot-building, which will house the corporate headquarters and manufacturing facility, will employ scores of construction workers for up to a year. Performance Fabricating will then add more than 50 well-paid jobs over the next two years, on top of the 30 employees it has currently, once the facility is completed.
“The Economic Development team at the Flint & Genesee Chamber worked with company officials to help secure the tax abatement and connect them to valuable resources. We also look forward to assisting Performance Fabricating with its talent needs, as the company looks to more than double the size of its workforce over the next few years.”
Pure Michigan is a brand representing business, talent and tourism initiatives across Michigan. These efforts are driven by the Michigan Economic Development Corporation, which serves as the state’s marketing arm and lead advocate for business growth, jobs and opportunity with a focus on helping grow Michigan’s economy.
About Michigan Economic Development Corporation (MEDC)
The Michigan Economic Development Corporation is the state’s marketing arm and lead advocate for business development, job awareness and community development with the focus on growing Michigan’s economy. For more information on the MEDC and our initiatives, visit www.MichiganBusiness.org. For Pure Michigan® tourism information, your trip begins at www.michigan.org. Join the conversation on: Facebook Instagram LinkedIn, and Twitter.
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