Michigan Business Development Program Projects

See the listing of Michigan Business Development Program projects approved by the Michigan Strategic Fund to date.

Business Development Programs Report

The Report was last updated on Apr 13, 2024.

Mara Technologies USA - Performance Based Grant

Approval Date: Oct 27, 2022
Location: Grand Blanc Township
Project Investment: Up to $20.75 million
Projected Jobs: 298
Projected Award Amount: Up to $1.00 million

Magna Powertrain Sterling Heights - Performance Based Grant

Approval Date: Oct 25, 2022
Location: Shelby Township
Project Investment: Up to $96.18 million
Projected Jobs: 159
Projected Award Amount: Up to $1.30 million

Magna Seating of America Inc. - Performance Based Grant

Approval Date: Oct 25, 2022
Location: Highland Park
Project Investment: Up to $3.77 million
Projected Jobs: 490
Projected Award Amount: Up to $2.90 million

Traverse City Whiskey Co. - Performance Based Grant

Approval Date: Sep 23, 2022
Location: Traverse City
Project Investment: Up to $21.80 million
Projected Jobs: 91
Projected Award Amount: Up to $750,000

Midwest Acoust-A-Fiber, Inc. - Performance Based Grant

Approval Date: Sep 16, 2022
Location: Shelby Township
Project Investment: Up to $12.15 million
Projected Jobs: 75
Projected Award Amount: Up to $375,000

Tecnoform S.p.A. - Performance Based Grant

Approval Date: Sep 13, 2022
Location: GRAND RAPIDS
Project Investment: Up to $7.32 million
Projected Jobs: 130
Projected Award Amount: Up to $750,000

SnackCraft - Performance Based Grant

Approval Date: Aug 29, 2022
Location: Kentwood
Project Investment: Up to $41.75 million
Projected Jobs: 185
Projected Award Amount: Up to $1.00 million

Dana Thermal Products, LLC - Performance Based Grant

Approval Date: Aug 23, 2022
Location: Auburn Hills
Project Investment: Up to $54.20 million
Projected Jobs: 200
Projected Award Amount: Up to $2.50 million

Louisiana-Pacific Corporation Sagola - Performance Based Grant

Approval Date: Aug 5, 2022
Location: Sagola
Project Investment: Up to $194.00 million
Projected Jobs: 50
Projected Award Amount: Up to $325,000

American Rheinmetall - Performance Based Grant

Approval Date: Jul 26, 2022
Location: Sterling Heights
Project Investment: Up to $3.04 million
Projected Jobs: 150
Projected Award Amount: Up to $1.50 million

Niagara Bottling - Performance Based Grant

Approval Date: Jul 21, 2022
Location: Shelby Township
Project Investment: Up to $103.60 million
Projected Jobs: 50
Projected Award Amount: Up to $350,000

HOLO Footwear - Performance Based Grant

Approval Date: Jun 22, 2022
Location: Grand Rapids
Project Investment: Up to $1.50 million
Projected Jobs: 61
Projected Award Amount: Up to $250,000

Flo Services USA Inc. - Performance Based Grant

Approval Date: Jun 6, 2022
Location: Auburn Hills
Project Investment: Up to $3.06 million
Projected Jobs: 110
Projected Award Amount: Up to $800,000

JR Automation Technologies, LLC - Performance Based Grant

Approval Date: May 24, 2022
Location: Holland
Project Investment: Up to $9.90 million
Projected Jobs: 140
Projected Award Amount: Up to $2.25 million

Axiom Group Inc - Performance Based Grant

Approval Date: May 24, 2022
Location: Village of Capac
Project Investment: Up to $13.29 million
Projected Jobs: 200
Projected Award Amount: Up to $1.24 million

Coastal Container Corporation - Performance Based Grant

Approval Date: May 24, 2022
Location: Holland
Project Investment: Up to $22.00 million
Projected Jobs: 62
Projected Award Amount: Up to $264,000

American Recreational Products, LLC - Performance Based Grant

Approval Date: May 23, 2022
Location: Fenton
Project Investment: Up to $4.02 million
Projected Jobs: 59
Projected Award Amount: Up to $250,000

Hudsonville Creamery & Ice Cream Company, LLC - Performance Based Grant

Approval Date: May 17, 2022
Location: Holland
Project Investment: Up to $65.70 million
Projected Jobs: 76
Projected Award Amount: Up to $1.00 million

ACI Plastics - Performance Based Grant

Approval Date: Apr 29, 2022
Location: Flint
Project Investment: Up to $8.00 million
Projected Jobs: 24
Projected Award Amount: Up to $150,000

ATESTEO GmbH & Co. KG - Performance Based Grant

Approval Date: Apr 18, 2022
Location: East Lansing
Project Investment: Up to $27.81 million
Projected Jobs: 46
Projected Award Amount: Up to $400,000