Monday, August 22, 2005
Michael Shore, MEDC
Western Lime to Invest $27 Million, Create 20 New Jobs
"We are proud to welcome Western Lime Corporation's first production facility in our state," Granholm said. "The new jobs and investment planned for Mueller Township will pay huge dividends for the community and its families for years to come."
The Michigan Economic Development Corporation is providing the grant to Mueller Township using federal Community Development Block Grant program funds.
The township will use the funding to support the construction of a 2,100-foot rail spur to connect Western Lime's Port Inland site with the Port Inland Railroad. The company will invest $27.6 million in construction, new machinery and equipment and electrical improvements.
"Mueller Township is proud to be a part of this significant investment in job creation," Mueller Township Supervisor Don Perigo said. "The awarding of the grant will make a vital difference in our area and we can only hope others will follow the lead of Western Lime in recognizing the benefits of our region."
In operation since 1847, the family-owned lime processing company is based in West Bend, Wisconsin. The company processes lime for varied applications, including cement and masonry products, as well as for agricultural and water filtration uses. Western Lime currently operates two production facilities employing about 95 people in Wisconsin.
The Michigan Economic Development Corporation administers the state's Community Development Block Grant funds received from the U.S. Department of Housing and Urban Development. These funds are used to provide grants and loans to eligible counties, cities, villages and townships-typically those with populations less than 50,000-for economic development, community development and housing projects. Larger communities receive block grant funds directly from the federal government.
The MEDC is able to award approximately $50 million in federal CDBG funds each year. There are 1,655 local governments within the state eligible to apply for these funds. Projects are approved contingent upon compliance with state and federal requirements.
"This good news exemplifies how CDBG grants can help local communities make the kind of public infrastructure improvements that attract new businesses and grow new jobs," MEDC President and CEO Don Jakeway said.
In her 2005 State of the State address, Granholm emphasized the importance of making Michigan a global economic powerhouse in the 21st century. Since January 2005 the Governor and the MEDC announced the creation or retention of more than 60,000 jobs as a result of targeted assistance provided by the MEDC.
The Michigan Economic Development Corporation, a partnership between the state and local communities, promotes smart economic growth by developing strategies and providing services to create and retain good jobs and a high quality of life.