Displaying items by tag: Michigan Strategic Fund
ITB Packaging plans $3.5 million expansion
HOLLAND — ITB Packaging LLC plans to expand locally with a $3.5 million capital investment and the expected creation of at least 65 new jobs over the next five years.
Charter Capital targets $100 million for new mezz fund
GRAND RAPIDS — A new mezzanine fund based in Grand Rapids seeks to raise $100 million to invest in growing companies, MiBiz has learned.
Vicksburg redevelopment secures state’s 2nd transformational brownfield incentive
VICKSBURG — An ambitious $80 million project to transform a long-vacant Southwest Michigan paper mill moved a step closer to reality after securing a lucrative state incentive.
State-backed program receives $55M in federal funds to invest in housing
Backed by an infusion of $55 million in federal funds, Lansing-based Michigan Community Capital plans to continue investing in mixed-income housing projects across the state.
Grow Michigan eyes $50M in private investment for second mezz fund
Initially seeded with state money seven years ago to provide financing to growing Michigan-based businesses, Grow Michigan LLC expects to begin seeking investors for a second fund totaling nearly $60 million.
Mixed-use $14.7 million Kalamazoo Creamery project secures state incentives
A partnership headed by Portage-based Hollander Development Corp. plans to transform a vacant lot in Kalamazoo into a new mixed-use building under a proposal that secured state backing.
Grand Rapids townhome development secures $2 million in state funding
A project to construct townhomes in the city’s Michigan Oaks neighborhood gained financial support from the state on Tuesday.
Hinman’s Grand Rapids hotel project secures $2.1 million in cleanup funds
MiBiz Growth Report: Nov. 26, 2018
Dr. John’s candies to expand near Grand Rapids
PLAINFIELD TOWNSHIP — A maker of sugar-free candies will invest $2.3 million to expand its operations north of Grand Rapids.