Displaying items by tag: Michigan Strategic Fund

KALAMAZOO — Recycler Schupan & Sons Inc. plans to invest $10.1 million into expansions at a pair of locations in Southwest Michigan.

Smaller public universities in Michigan will have to come up with less matching funding to secure state grants that support startup companies coming out of research labs.

The Michigan Strategic Fund steered additional money into two capital funds that support high-tech startups and growing small businesses in the state.

The Invest Michigan Pre-Seed Fund II received $3 million to invest in startups through loans or equity. Grow Michigan LLC will receive $9.6 million for a second mezzanine-style fund that will provide loans to growing small businesses.

The Michigan Milk Producers Association plans to invest $24 million to expand its existing dairy plant operations in St. Joseph County.

SpartanNash Co. will not meet the original employment projections included in a 2013 state incentive package.

After months of secrecy, Amazon.com Inc.’s interest in a proposed Kent County facility is now official.

Here is the MiBiz Growth Report for May 14, 2018.

HexArmor, a Grand Rapids-based personal protective equipment manufacturer, will invest $8.7 million into a Kent County facility and plans to create roughly 50 jobs over the next three years.

After a major customer moved a supply contract to a Chinese company, a Muskegon-area manufacturer needed capital to retool for the new business coming in to replace what it had lost.

The Grand Rapids Downtown Market continues to restructure long-standing debt tied to a state economic development incentive as it attempts to stabilize its finances.