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Wednesday, May 3, 2017
Projects expected to generate $10.9 million in capital investment, create 132 jobs
LANSING, Mich. – Two business expansions that will generate nearly $10.9 million in total investment and create 132 jobs in Michigan have received Michigan Strategic Fund approval for support, the Michigan Economic Development Corporation announced today.
“Michigan leads the nation in creating manufacturing jobs, and these new expansions will keep us moving in the right direction,” said Steve Arwood, CEO of the Michigan Economic Development Corporation, the state’s chief marketing and business attraction arm that administers programs and performs due diligence on behalf of the MSF. “We’re pleased to support these projects, which will mean more jobs and greater economic opportunities for people in the state.”
A.G. Simpson (USA), Inc. is the U.S. subsidiary of J2 Management Group, a Canadian-based holding company. The company manufactures automotive components, specifically impact system assemblies, heavy metal stampings and complex welded assemblies. It has recently been awarded a new production contract and needs to add capacity. The company plans to construct a new expansion at its current facility in the city of Sterling Heights that will house new equipment lines. The project is expected to generate capital investment of $9 million and create 50 jobs, resulting in a $400,000 Michigan Business Development Program performance-based grant. The city of Sterling Heights, Michigan was chosen over other competing locations and the city of Sterling Heights has offered support to the project in the form of property tax abatement. For information on careers with A.G. Simpson USA, visit here: http://www.agsautomotive.com/employment.cfm.
Attwood Corporation, a business unit in Brunswick Corporation, serves the marine industry with parts and accessories. The company manufactures a complete line of marine products that range from fuel systems, lighting, seat systems, pumps, and more. Attwood is expanding its boat part and accessory lines and needs to expand its manufacturing operation. The company plans to expand within its facility in the city of Lowell, investing $2 million and creating 82 jobs. As a result, the company has been awarded a $492,000 Michigan Business Development Program performance-based grant. The Right Place is providing staff time and resources in support of the project. For information on careers with Attwood, visit https://recruiting.adp.com/srccar/public/RTI.home?d=Attwood&c=1107841.
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.
