Monday, March 13, 2006
Michael Shore, MEDC
Company Chooses Michigan Over Other U.S. Sites for $6.2 Million Investment
Governor Jennifer M. Granholm today announced Surefil LLC will establish a new headquarters and manufacturing facility in Kentwood. The project will create 442 new jobs, including 278 directly by the company. Assistance offered through the Michigan Economic Development Corporation helped convince the company to choose Michigan over competing U. S. sites.
Today, the Governor announced two company expansions and four brownfield redevelopment projects that are expected to create over 1,000 jobs and generate more than $51.2 million in private investment in communities across Michigan.
A University of Michigan economic analysis estimates that increased economic activity created by the new facility will generate an additional 164 indirect Michigan jobs, in addition to the 278 created directly by the company. The project is expected to generate more than $215 million in personal income for Michigan workers over the life of the tax credit.
Surefil LLC is a newly formed, privately held contract manufacturer of personal care and medical products such as lotion, hand soap and shampoo.
Economic Analysis - Summary Estimates
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