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 Jul 24, 2024.

Hollingsworth Logistics Management - Performance Based Grant

Approval Date: Jun 22, 2021
Location: Brownstown Township
Project Investment: Up to $17.08 million
Projected Jobs: 250
Projected Award Amount: Up to $1.50 million

XL Fleet - HQ - Performance Based Grant

Approval Date: Jun 7, 2021
Location: Wixom
Project Investment: Up to $1.26 million
Projected Jobs: 45
Projected Award Amount: Up to $400,000

L3Harris - Aviation Systems - Performance Based Grant

Approval Date: May 26, 2021
Location: Grand Rapids
Project Investment: Up to $2.58 million
Projected Jobs: 50
Projected Award Amount: Up to $500,000

Flex-N-Gate Troy LLC - Performance Based Grant

Approval Date: May 20, 2021
Location: Troy
Project Investment: Up to $52.20 million
Projected Jobs: 245
Projected Award Amount: Up to $1.00 million

Speedrack Products Group, Ltd. - Performance Based Grant

Approval Date: May 19, 2021
Location: Grand Rapids
Project Investment: Up to $64.57 million
Projected Jobs: 164
Projected Award Amount: Up to $820,000

EOTech - Performance Based Grant

Approval Date: Apr 30, 2021
Location: Traverse City
Project Investment: Up to $9.62 million
Projected Jobs: 165
Projected Award Amount: Up to $650,000

DCS Corp - Performance Based Grant

Approval Date: Mar 31, 2021
Location: Sterling Heights
Project Investment: Up to $4.38 million
Projected Jobs: 92
Projected Award Amount: Up to $500,000

Special-Lite, Inc. - Performance Based Grant

Approval Date: Mar 5, 2021
Location: Benton Harbor
Project Investment: Up to $2.38 million
Projected Jobs: 61
Projected Award Amount: Up to $300,000

Goyette Mechanical Company - Performance Based Grant

Approval Date: Mar 1, 2021
Location: Flint
Project Investment: Up to $4.65 million
Projected Jobs: 90
Projected Award Amount: Up to $675,000

Magna Electric Vehicle Structures – Michigan, Inc. - Performance Based Grant

Approval Date: Feb 23, 2021
Location: St. Clair
Project Investment: Up to $496.70 million
Projected Jobs: 1224
Projected Award Amount: Up to $7.50 million

Lordstown Motors Corporation - Performance Based Grant

Approval Date: Feb 2, 2021
Location: Farmington Hills
Project Investment: Up to $3.68 million
Projected Jobs: 141
Projected Award Amount: Up to $1.00 million

Navitas Advanced Solutions Group - Performance Based Grant

Approval Date: Jan 22, 2021
Location: Ann Arbor
Project Investment: Up to $3.36 million
Projected Jobs: 111
Projected Award Amount: Up to $750,000

A.G. Simpson (USA) Inc - Sterling South Location - Performance Based Grant

Approval Date: Dec 15, 2020
Location: Sterling Heights, MI
Project Investment: Up to $5.00 million
Projected Jobs: 100
Projected Award Amount: Up to $850,000

The Kroger Co - Performance Based Grant

Approval Date: Oct 27, 2020
Location: Romulus
Project Investment: Up to $94.00 million
Projected Jobs: 270
Projected Award Amount: Up to $1.60 million

L. Perrigo Company-HQ - Performance Based Grant

Approval Date: Oct 27, 2020
Location: Grand Rapids
Project Investment: Up to $18.42 million
Projected Jobs: 170
Projected Award Amount: Up to $2.00 million

Wacker Chemical Corporation - Performance Based Grant

Approval Date: Sep 18, 2020
Location: Ann Arbor
Project Investment: Up to $51.00 million
Projected Jobs: 70
Projected Award Amount: Up to $1.00 million

Bridgewater Interiors - Performance Based Grant

Approval Date: Jul 28, 2020
Location: Lansing
Project Investment: Up to $15.85 million
Projected Jobs: 400
Projected Award Amount: Up to $2.00 million

May Mobility - Performance Based Grant

Approval Date: Jul 22, 2020
Location: Ann Arbor
Project Investment: Up to $11.80 million
Projected Jobs: 100
Projected Award Amount: Up to $700,000

Magna Seating of America Inc. - Performance Based Grant

Approval Date: Jun 23, 2020
Location: Highland Park
Project Investment: Up to $35.43 million
Projected Jobs: 480
Projected Award Amount: Up to $2.17 million

Heidtman Steel Products - Performance Based Grant

Approval Date: Jun 1, 2020
Location: Erie
Project Investment: Up to $9.10 million
Projected Jobs: 65
Projected Award Amount: Up to $325,000